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: MythMan who wrote (46870)7/23/2002 7:53:41 AM
From: AllansAlias  Respond to of 209892
 
Pretty well everyone is singing the same tune this morning: this is it, look out, the big squeeze.

If I get long this morning, it'll be in non-tech and it'll be for a wiggle. Although I doubt it, I could accept that the IT low might be in for non-tech, as we came awfully close to the SPX 800 that I think will hold on this, the first backtest, but tech is missing a low in my strong opinion.

I sure hope I am not being stubborn in seeing any bounce here as only a wiggle and not the real deal (i.e., a multi-month rally).

Best of luck to everyone.



To: MythMan who wrote (46870)7/23/2002 8:06:24 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Drums keep a poundin' a rhthym to the p'rade,
La dee da di da, la dee da di da.

Poloroid hired RealMan Accounting, Inc to do it to investors:

bearforum.com

There will be much, much more of this sort of thing. Of course, I expect the low to be in while the revelations keep coming. Price always turns before all the news is out.

How many companies are dirty? I think the answer is quite easy to calculate? Just ask yourself how many people could resist bending down to pick up a bundle of cash on the side of the road.