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 (55278)10/3/2002 2:01:08 PM
From: marginmike  Read Replies (1) | Respond to of 209892
 
Myth this market is really sick Ive never seen BKX down 20 and dow up 140 EVER. Especially when sox was down 10. As dow rallies nothing else is following, BKX sox still barly off lows. This says to me someone is buying a few big DOW stocks and Naz to prop up stuff. I think at this spot its dangerous to be long or short. When we make a move you will know and money will be made with less risk. Housing and Autos are rolling over, and Tech is still dead. Where oh where is economy going to get saved, and how are these valuations justified? Meanwhille market is as oversold as it gets. I think we need huge last flush to create a panic to buy. With high VIX and and P/c the fear is much less noticible then in JULY or SEPT. Yet we are lower in price. I need to see brokers jumping out of windows(ng) Vix 60-100 min. I think it will happen before year end as people throw in the towel. But a buying opp of our lives it will be.