SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Psycho-Social who wrote (36263)3/2/2002 7:36:52 PM
From: t2  Read Replies (2) | Respond to of 99280
 
p, Would you think that any selloff resulting from the Oracle profit warning on Monday will get bought up quickly?

That is my thinking right now. Will the bounce last to the close..don't have a clue of course.

The momentum upward was very strong on Friday; hardly any pullbacks says money was put to work by funds. Some have high cash levels and it is possible a lot of the inflows early in the year just were not used for purchases...and were saved up. Hardly any new IPOs is one reason for the funds to start buying something...but there must be lots of insiders selling techs.

Monday is going to be interesting.

jmho