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 : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: SusieQ1065 who wrote (59174)	7/2/2002 9:54:12 AM
From: SirRealist	Read Replies (2) \| Respond to of 208838

What amazing tiptoeing is done around the bottom of the COMP & SOX this time. We couldn't skate this close without the ice cracking before, after which came the plunging, drowning and rotten memorial service where Aunt Donald got drunk and made such a fuss, then goosed the organ player. Somehow, though, it felt better than this.

To: SusieQ1065 who wrote (59174)	7/2/2002 10:54:07 AM
From: SusieQ1065	Respond to of 208838

Jim Brown 7/2/02, 10:45 The NDX appears to be attempting to bottom at 974. According to the futures traders if 974 holds we could see the start of the short covering and profit taking. After the flurry of tech warnings and downgrades this morning any strength in the NDX would translate into the broader market. Watch this index! A break below 974 would setup another round of selling. Because the NDX is already trading in the free fall zone below 9/11 lows it is seen as a true market indicator.