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 : LSI Corporation -- Ignore unavailable to you. Want to Upgrade?

To: uu who wrote (25148)	8/15/2002 4:08:07 PM
From: BWAC	Read Replies (1) \| Respond to of 25814

Addi? You ok?

To: uu who wrote (25148)	8/15/2002 8:42:01 PM
From: sea_biscuit	Read Replies (2) \| Respond to of 25814

Addi, Bear-markets get oversold and rally because of technical reasons. Once the rally starts, shorts cover and send it higher. Then a few pundits start thumping on the table that the recent lows were the "bottom". And there are a lot of investors who don't want to miss the next rally (in and of itself, a good sign that the bear has a ways to go) so they pile on. Once they get suckered in, the market reaches overbought condition and the rally starts coming apart because it never really had any solid reasons to get going in the first place. Whatever is happening is for technical reasons, not fundamental reasons, even though bubblevision would have you believe that it is the latter.