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.
Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (10526)7/23/2002 1:27:55 PM
From: Kirk ©  Respond to of 10921
 
will history repeat?

Remember in 1998 you bought some around $15 and I said I saw no reason for it to stop falling? I held out for $12 and $10.. .and it turned at $8 3/8ths.

We've had a 3:1 split... but it makes me wonder if we revisit this single digit number by Oct? Maybe I'll hold out and wait more... I sure hope not as the demand is actually better now than then.

Kirk



To: Proud_Infidel who wrote (10526)7/23/2002 1:44:14 PM
From: Robert Douglas  Respond to of 10921
 
I added a very little bit this morning at 14.99......already a buck+ below that......I give up!

That's how everyone feels who has bought recently. Your hand gets burned and you pull it back. Even a lab rat knows not to take that food that gives the electrical shock!

So who do we have left that is buying? Fewer and fewer. And every day short sellers are more and more emboldened. This is how moves maintain momentum. When it finally exhausts, you will see a very big short covering rally and then a whole lot of money that's earning money market rates will start to come back to the market.