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 : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (15698)	1/2/2003 2:02:22 PM
From: James F. Hopkins	Read Replies (2) \| Respond to of 19219

Well we did get over sold, Message 18379428 but so far this is looking like a dead cat bounce, the bonds sold off as balanced funds; ( to stay balanced sold bonds to buy stocks,) it will take more than switching to get us back going, we need new money ( everything going up ) or at least stocks making gains not at the expense of bonds. ---------- The high price of oil is the fly in the soup, oil is the new gold standard, and it's also like a tax on every thing. ---------- We could get some follow through on this rally for a few days..however it's not strong enough for me get excited I'll just hold the hand I got for now. Low volume is also still a problem, both ways, however today is somewhat better than last week, but we are still behind the 3mo avg. Jim