Replies to post #14294 on The Black Box

[Fletch]

I'd guess after today...it's hard to post much....There is a bright spot or two..... QCOM is still holding up well.......JNPR too. That AUO held the 20 day but did cave in some.....
Fletch
Can it fill that lower gap.............? I want this one.




QCOM is very strong.....do they have any oil wells???.....ggg.


For those that came down this far lol. WHT blew out earnings today!
Shows how weak the market was.....Time to add........can run now.

[optionkid]

hearing anything on AVNX?

[wahz]

I can no longer add down here unfortunately, I have pumped all the cash I can reasonable handle at this since 1990 or so, to be able to maintain positions taken around there.

The prices are, across the board, lower than I would have expected, by perhaps even more than 15% on average, ie, I would have expected a neng floor at ~5, amcc ~6-6.20, cien ~6, vrts~30-32, etc

Its significantly uglier than I would have thought, with the nas just missing a 10% correction. It very much feels as if we have gone all the way back to last early last summer, and in many cases the prices have.

I have a still pretty small, but steadily growing probability of the correction not quite hitting the 200 day ma until next year and the chances that the 300 day gets missed have soared. Not tagging the 200 would be extraordinary. Basically, the brutaility in some segments of the market, has greatly diminished the odds of the averages needing to go to the 300 day. Yeah, that would be good news but we'll see.