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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Mark Adams who wrote (9283)	11/6/1997 9:19:00 PM
From: Defrocked	Read Replies (1) \| Respond to of 94695

I agree today's market action was not bullish. Check out the following on interest rates: techstocks.com You'll probably still have some opportunities to get net short,Mark. This Bull won't give up too easy and Bear markets have plenty of rallies in them on the way down. I'm looking for 10 to 20% lower but how, or if, it unfolds remains to be seen. All my trading instincts will not let me be long here. A ten to 20% move is not the end of the world but rather good for it. While it could get worse than, that real economics will still continue. Now here I am talking as if a downdraft is certain. Always question your assumptions. However, if the market attempts a rally on tomorrow's employment number I think I may unload my remaining shares too.<g>