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.

Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (40353)	10/14/2002 3:22:55 PM
From: Compadre	Read Replies (1) \| Respond to of 52237

I think we need to define IT bottom here. My definition is 3 to 9 months.

To: Paul Shread who wrote (40353)	10/14/2002 3:28:07 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 52237

A slow drift to the upside with high volatility. Based on earnings the market is overvalued but if one takes into account interest rates and return on cash the market is priced for a timid buy. After all even that recovery is very slow we are still at around 6% unemployment a number which was once connected to inflation. In the big picture the relative low unemployment means that people still earn money and can pay down their debt, and buy more gadgets. Further population count is increasing as is the economy. Short terms WDIK, but my sense is that the stock market is forming a bottom. This week and next will indicate if I am right and the indication will be how the market will related to reported earnings and conference calls. As an example, we had a very low confidence number which was completely ignored. those are my 2 cents BTW it is quite sad that CNBC's Maria still has a job