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 : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: Bill Harmond who wrote (12113)6/20/2002 12:25:46 PM
From: Wizard  Read Replies (2) | Respond to of 57684
 
Yah, we are in a negative news spiral and even if good news comes along, inevitible speculation on the next few negatives will probably trump it and squash a rally attempt. Maybe a VIX spike coincident with an end to preannouncment season can set off a short-covering rally and that could be dramatic but conference call season is going to be rough in mid-July as nobody can guide to growth in this macro-spending environment. It is summer vacation time, not a time to get back in for a trade on the market... waiting for labor day... valuations on some small/mid cap growth stocks getting better but not much to do in this good news vaccuum...



To: Bill Harmond who wrote (12113)6/20/2002 4:05:51 PM
From: fedhead  Respond to of 57684
 
Don't understand the strength in MSFT . INTC, AMD have
all indicated that PC sales are soft. I think MSFT is
bieng kept up to prop up the indices as it is an important
component of all 3 indices. It could also be related to
triple witching. I think the ^SOX needs to start leading before the NASDAQ can put on a decent rally. SLAB is holding
above prior lows so it could be one of the leaders in the ^SOX. EBAY and ERTS also displaying strength.

Anindo