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 : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: AllansAlias who wrote (37868)5/3/2002 11:34:21 AM
From: The Freep  Read Replies (2) | Respond to of 209892
 
The naz has basically been in an 8 point range for an hour and a half. The Dow is likewise consolidating. Both near their lows. Now, we're either about to get a continuation down, or selling is exhausted. Something's gotta give, and all I see on SI are bears covering and going long, so I'm a little unsure <g> but I haven't gone long yet. I'll see if 1625-28 can be taken out on the naz, and hope that it doesn't go to fast to get on that train. I hear it's leaving the station soooooooon.

the freep



To: AllansAlias who wrote (37868)5/3/2002 12:45:02 PM
From: Perspective  Respond to of 209892
 
Well, since they have traditionally bottomed at price-sales and price-book levels that are some 75% below here, yes, I could see a semi wipeout.

BC