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 : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (68637)	3/16/2003 6:19:01 PM
From: Shack	Respond to of 209892

Actually I think one needs to pick their spots. In other words become more stock specific or focus on non-tech. For example, no matter what one thinks of the direction of the NDX, ERTS is likely a better short than CSCO. I am neutral on your question.

To: AllansAlias who wrote (68637)	3/16/2003 6:19:29 PM
From: NOW	Respond to of 209892

one month? Within a range of 780-880

To: AllansAlias who wrote (68637)	3/16/2003 6:21:10 PM
From: NOW	Respond to of 209892

Central banks have plenty of ammunition news.ft.com Love this PArt: "Nevertheless, overall we should rest assured that central bankers have both the knowledge and the tools to continue to act even when the short-term interest rate that serves as their primary target hits zero. To think that there is somehow a limited amount of ammunition is simply wrong."

To: AllansAlias who wrote (68637)	3/16/2003 6:26:13 PM
From: Shack	Read Replies (2) \| Respond to of 209892

Will the next bull be lead by oil stocks? They sure have been laggin crude but............: ttrader.com

To: AllansAlias who wrote (68637)	3/16/2003 6:59:33 PM
From: Johnny_Blaze_420	Read Replies (1) \| Respond to of 209892

lower I think everyone is way too optimistic about the US military and the outcome it will acheive. First, I doubt it will be done as quick as many think. Second, I doubt Saddam goes down without a fight, and while WMD (chem, bio, nuc) are probably out of the question, sending missles to Israel is not. Finally, I think that we are in for more than what the public is lead to believe, especially regarding the cost of the war, the cost of the post-war era, and the looming confrontation with North Korea and Iran. So even if we rally for the next two weeks, that will be based on the EOM window dressing, 2-week spirited rally based on the 1991 gulf war template and nothing else. Once the reality sets in of a poor US/Global economy and foreigners continuing to cut back spending on US goods, we should drop and drop fast. I think 2-3 months is a safer bet for hard down, but that doesn't mean it won't happen within a month. One caveat of course is that we are IN the gulf war template NOW, and thus will drop sooner rather than later. From a contrarian point of view where everyone is looking for a rally after the war, this one is my favorite.