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 : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Investor2 who wrote (5478)6/12/1998 12:43:00 PM
From: Serge Collins  Read Replies (1) | Respond to of 42834
 
NASDAQ currently off 10% from its high.

And there is about another 30% to go on the downside before we see it fall into a buying range. This market is going to correct in a big way over the next few weeks. Have you noticed that investors are no longer buying the dips.

The reason for that is conditions out there have changed for the worse. For the first time in four years investors have lost confidence and fear is creeping into the game, and when you mix fear with uncertainty you have a recipe for disaster.

Just my opinion.

Thank you.



To: Investor2 who wrote (5478)6/12/1998 1:23:00 PM
From: Alan Whirlwind  Read Replies (2) | Respond to of 42834
 
Yes I2, and they started dumping US bonds at that point. How much of our paper could we afford to come back at us at once from all over the world? --Ale_®_