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.

Technology Stocks : Pacific Internet Next HOT IPO? -- Ignore unavailable to you. Want to Upgrade?

To: MoneyMade who wrote (158)	2/11/1999 12:16:00 PM
From: Herc	Read Replies (1) \| Respond to of 912

Oh, ye of little faith! The NASDAQ Comp peaked July 20, 1998 and took until Aug. 5 to drop 10% before finally taking a 30% hit on Oct. 8. I believe this most recent decline was only 8%, and it started Feb.1-- not that many trading days. As an interesting aside, my screen on IQ charts of technology companies with bullish candlestick reversal patterns has turned up zilch over the last three days. That's pessimism! So there will most likely be some more selling crescendo affording buying opportunities. I plan to avail myself of each and everyone of them. But this volume with only 3 million shares out is scary!