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: LTK007 who wrote (57475)4/26/2002 6:08:19 PM
From: Big Dog  Respond to of 99280
 
max: Art Cashin is a breath of fresh air. No mumbo jumbo. He's a very knowledgeable guy who gives it to us straight. Art's not a bobbing-head like most of the commentators on CNBC. <Interesting comment about the hate e-mails he gets from Wall Street types>.

Wall Street had better watch it. Everyday there is another revelation of lying: corporate officials, accounting firms, analysts and brokers. Who can the investing public trust?

People may just say "The Hell with it! Let's pay down debt, save and invest in our homes!"



To: LTK007 who wrote (57475)4/26/2002 6:23:13 PM
From: American Spirit  Read Replies (1) | Respond to of 99280
 
I dunno, what is capitulation? WCOM and ERICY around $3?
AOL below 19? That looks pretty extreme to me. I know my favorite PALM is way oversold now. SCRM is almost back to cash in the bank market cap.

PALM has just given up the entire bump it got after its earnings surprise three weeks ago. Amazing. Just no bargain-hunting yet.

This Saudi thing is disturbing, and so are federal deficits. Bush announces GDP up 6% and the market tanks from an already low point.

Maybe everyone just wants this earnings season to be over first. So another 1-2 weeks. I know one thing though, whoever sells tech right now is definitely capitulating. Gloomy day. Sometimes that signals the bottom. Hopefully.



To: LTK007 who wrote (57475)4/27/2002 8:16:36 AM
From: DebtBomb  Read Replies (3) | Respond to of 99280
 
""CLASSIC--Art Cashin says there will NOT be capitulation until the the tech stocks are sold and sold HARD.""
Oh my, those tech longs probably going to barf it all back up again.
I'll bet MM's are short tech bigtime.