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 : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (60191)	5/2/2002 4:08:51 AM
From: LTK007	Read Replies (1) \| Respond to of 99280

this was thresholdingtrading pre-open comments for yesterday--but i think pertinent<<May 1 pre-open: Relatively weak short covering rally started today.......could last a day or 2 but keep in mind, we remain in downtrends and the last two short covering bounces took the NDX composite up 14% in Feb and 6% in April (other indices / sectors had differing results but the point is that the bounces have been smaller as time goes on), therefore, this can only be viewed as a bounce in the middle of a downtrend>>