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 : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?

To: JRI who wrote (2529)6/10/2003 2:24:45 PM
From: The Freep  Read Replies (2) | Respond to of 41495
 
If I may address the MMM thing...

1) It's been on the verge of breaking down many times.
2) Despite its weight, the Dow can move up even if it goes.
3) We've seen lots of similar rotation (like IBM and MSFT portending this move off the top)
4) It could move down hard while we finish this correction, and then move up corrctively during the next overall rally.
5) Personally, I know I've spent far too much time and energy studying MMM and PG in an attempt to determine bigger issues. It's a waste! (Note: I will continue my study, of course, cuz I'm obsessional

6) Freeps heading on vacay manana. You think I've been scarce lately? You ain't seen nothing yet.

the freep



To: JRI who wrote (2529)6/10/2003 2:25:04 PM
From: jjstingray  Respond to of 41495
 
Yes, 3M broke down in the 1 down and the Dow was going up. I thought the same thing, but other stocks like JNJ are looking bullish. They can carry the load.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News