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 : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Techplayer who wrote (32902)	3/18/2003 8:41:22 AM
From: Oral Roberts	Read Replies (1) \| Respond to of 57110

I have 872 as the 50% retrace on the SPX and the futs hit that and have sold off since. That would be the number I would look at as a cap or confirmation that fundies do not matter and we are going to the moon this morning.

To: Techplayer who wrote (32902)	3/18/2003 8:57:46 AM
From: AugustWest	Read Replies (1) \| Respond to of 57110

Did you hear liesman say that "only 68% of the people in this country own their homes... ... that leaves 32% of the population as potential buyers." I'm not sure if he was trying to be funny but he said it with a straight face! To his credit though when their guest tried to play it off as weather related, Steve was quick to point out that the North East starts were actually better, and it was the midwest south and west that were causing the slow down. Hardly attributable to weather. All in all, I think the war issue is on the front burner and until it is either ended or until it begins to drag on, it will be the only driving issue for the markets.