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 : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?

To: TWICK who wrote (20934)	7/19/2002 6:11:15 PM
From: plugger301	Read Replies (1) \| Respond to of 26752

C'mon, be a manly man. Here is a firm handshake and a clap on the shoulder. It'll be fine. Got some dry powder, right? So, remember Crisis and opportunity, repeat three times while clicking your heels.

To: TWICK who wrote (20934)	7/19/2002 7:28:43 PM
From: Susan G	Read Replies (1) \| Respond to of 26752

HUG !!!!!!!!!!!!!!!!!!!!!!!!!!!! It will be ok <g> and just think how much better off we are as educated traders than the general public who has absolutely no understanding about what's going on, and how inevitable a washout move is. And they are getting really scared now, and ready to toss in the towel, just as we are looking for the bottom! I really hope no one got hurt today... I was amazed to see such panic dip buying in the morning. Almost everything I looked at was the cheaper at the close than at the bottom of the gap. Every single chart today - stocks AND indexes, was a day long bearish descending triangle starting at the 10:15 highs, nothing but lower highs and consistent bouncing off the triangle support line, which looked like it would hold, and then it broke. Monday open may be really ugly, as all the news shows tonight are predicting it it going to be. Even Art Cashin. They are scaring the hell out of the public tonight comparing this to the 1987 crash. So after a huge down open, I wouldn't be surprised at all at a wild reversal <g> If not Monday, by Tuesday.