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.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: GST who wrote (144692)	8/5/2002 4:31:26 PM
From: Gary Walker	Read Replies (1) \| Respond to of 164687

Longer run I agree with you. However, how do you think the market will respond to testing of the recent lows? Traders saw a 1200 point turn around from the recent intra-day bottom. I'm guessing that traders will jump on stocks somewhere above the last low so not to miss another big pop up, especially if the fed cuts rates. Furthermore, I'm not expecting a rate cut until early September. In '98 the fed waited until the markets were seriously oversold before they eased to offset the Asian problem. Does any of this make sense?