Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: jjstingray who wrote (34098)	4/11/2002 1:14:27 PM
From: ALTERN8	Read Replies (2) \| Respond to of 52237

on the contrary, it should start to do a lot better soon because it has been able to keep it together. IBM is oversold, GE will probably bounce tomorrow, AOL market cap is the same as VIA right now. Looks like a bottom, smells like a bottom...

To: jjstingray who wrote (34098)	4/11/2002 1:59:04 PM
From: sean sanders	Read Replies (1) \| Respond to of 52237

I'm not sure if I would consider -150 on the dow ok. But true at least we havnt dropped a few hundred; as of yet. We are also staying just above a major support as of right now; guess we'll have to see what 'crazy' news this market will react to tomorrow to decide the fate of the day. Sean

To: jjstingray who wrote (34098)	4/11/2002 2:36:45 PM
From: Terry Whitman	Read Replies (3) \| Respond to of 52237

From past market observation and study- When the generals are falling hard, the market is either heading into a crash, or nearing the end of a correction. The generals (GE, IBM, etc.) are most normally the last to fall. Crash is not likely here. I've never heard of a crash coming the day after the A/D line broke out to a recovery high. Crashes occur after long divergences between the A/D and the market. See 1987, 1929. But I thought SBC was catching support yesterday too, and it hit a new low today, so WTHDIK. :-O