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: bobby beara who wrote (34892)	4/25/2002 9:54:33 PM
From: KymarFye	Read Replies (1) \| Respond to of 52237

"Dr. Marvin Appel says he had found signs for hope, but they are now gone..." gosh darn, I think I'm a gunna cry...

To: bobby beara who wrote (34892)	4/25/2002 10:31:56 PM
From: Timetobuy	Read Replies (1) \| Respond to of 52237

That Glenn Neely said that last month too. Who knows? He might be right and he might be wrong. The loved stocks are looking expensive here and the techs aren't value plays, so what makes them go higher? Momentum players maybe. IRA money is in the market now. There doesn't seem to be enough volume to make any sector move up for long before it moves elsewhere. Maybe we get rotation, rotation, rotation and not a real move down. My contrarian indicator is Abby Joseph Cohen and true to form the day she visited Louis saying we're undervalued and it's time to buy was the day we stopped going up in the short term. Where's the eternal bulls, Joey Batman, Tommy Galvin, and the all time contrarian Ralphy Acampora? If Ralphy says we're going lower, we must have bottomed out for sure.

To: bobby beara who wrote (34892)	4/25/2002 10:34:06 PM
From: KymarFye	Read Replies (1) \| Respond to of 52237

Certainly would seem some kind of bounce is overdue: Narrowly missed seven straight down sessions in tech land... an extreme rarity... COMPX barely held critical support - a typical bullseye hit, and did it twice today just to show it warnt no random plotz and dribble... NDX, Dow, NYSE both seem to have held lower support off their own breakdowns, with the NDX, also typically, looking the worst... it's already in the 9-11 to 9-17 void... Full Moon today... (remember moondude?) Maybe the gravitons + GDP + consumer sent + oversoldosity will make at least for a good short squeeze into the wknd...

To: bobby beara who wrote (34892)	4/26/2002 8:42:05 AM
From: Terry Whitman	Read Replies (3) \| Respond to of 52237

1Q GDP at 5.8% bea.doc.gov Keep the contrarian hits comin, BB. The possibility of a breakdown here is very remote, IMO. The soldiers (small caps) would be looking like death if that were about to happen. Instead, they look poised to break to more new highs. Had a co-worker come over to talk this week. He said his wife wanted him to sell out his communications mutual fund- she'd had enough. Since I've gotten the reputation as somewhat of an expert on the market in the office, he wanted some reasons why he should hold her off. I tried to explain to him that they'd probably be making the same mistake in reverse as when he bought into the fund in 1999 just before the peak. That mistake would be one of 'timing'. You listen to the public press and the garbage they spout- and your timing will be completely opposite of what it should be. Of course I added that there are NO guarantees on anything when it comes to the market. An Asteroid could strike the Gulf of Mexico tomorrow, and wipe out the southern coast- and the market could get worse. <g> Added some GE to my Dow Dog portfolio (w/ HON and SBC). I'm sticking with the cyclical bull plan until the internals show me otherwise. Doesn't mean the OEX or NDX can't test the lows- they can- and the odds have certainly gone up on that happening. It may indeed happen if Easy Al and da boyz don't start that 3rd shift back up on 'Operation Printing Press'. <g>