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 : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (33834)	10/11/2008 11:38:13 AM
From: Runomo™	1 Recommendation Read Replies (3) \| Respond to of 208082

quite frankly i'm surprised by the depth of the naz retracement, 75% of its entire rally off the 2002 crash lows to the 2007 top was hit ON FRIDAY....remember the naz had ALREADY crashed at the dawn of the new millennium losing about 78.4%.....compare this to the dow between 1932 to 1942, only two thirds off the 1932 crash lows to the 1937 rally top got retraced. Dow eventually bottomed five weeks before the battle of Midway in early june 1942 and it was off to da races.....

To: Chip McVickar who wrote (33834)	10/11/2008 11:38:47 AM
From: robert b furman	1 Recommendation Read Replies (1) \| Respond to of 208082

I agree with that. I think tech can breakout based on solid balance sheets with out smoke and mirrors. No fancy financial creations with leveredge. In fact just the opposite - lots of simple cash. It is about time that stocks get respected for strong balance sheets,repeatable dividends (a new improvement from the 00 years:intc and msft paying dividends). Nothing too shabby about 10-15% growth. New emerging markets have grown and considerably embraced technology within its fast growing populations of newly enabled users. This trend is a megatrend, and has not been given its due.IMO Last but not least,since the sector has been dormant for 8 years - it has not attracted the GOGO hedge fund players. Accordingly it is not as susceptible to the selling off of good stocks as hedge funds implode and delever. LETS CRANK !!! Bob