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.

Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (15530)	7/24/2002 3:46:23 PM
From: kodiak_bull	Respond to of 23153

VIX is now down at 47 and falling, everything I look at is beginning to confirm what you see. The markets themselves get tired of overdoing it in any one direction, even if it's misery. As for the idea that certain investors will get out of the market permanently because of our 27-month bear market (which still has Sept/Oct to go)--I don't think so. This internet/lo-commissh/flood of information is here to stay. People may get skittish, but I don't see an entire generation in 2017 saying, "Jeez Louise, I lost my ass in 2001-2002 and never bought another share of common stock or mutual fund." I think it's more likely to be, "well, the casino punished me and I will play with it here but I will really exercise money management--I promise." Dow at 8135, curbs in place again and again. Whaddayathink, DB, 7550 (actually 7537 intraday today) was my call. Will it hold longer than this week? I think we just put a fork in this collapse. It's safe to trade until after Labor Day. Kb [Edit: this guy John LaFalce (Dem. NY) is even more annoying than Jesse Jackson, constant talk of surrender, capitulation--prides goes before a fall, and it couldn't happen to a nicer guy.]

To: chowder who wrote (15530)	7/24/2002 3:50:08 PM
From: Archie Meeties	Read Replies (1) \| Respond to of 23153

Broad market does look strong, not like those futures driven ramps we've seen recently. I'm waiting for the semis - today I couldn't seem to climb over that wall of worry that forms a bull market. -g- I also can't bring myself to exit the utes and osx to rotate into the semis. I think the utes are safer plays at the moment, and I was pleasently surprised that they did more than preserve capital today - although I think a repeat performance is unlikely. Buck turned today, completing what looks like a technical bounce. Don't know what to make of that yet - but I'm sure a sharp move down will keep buyers at bay, even though I think a weaker buck is just about the best thing that could happen to us industry and that dollar depreciation has been planned a long, long time ago.