Ask DrBob Message Board - Msg: 14446736

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 : Ask DrBob

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Drbob512 who started this subject	9/24/2000 9:05:38 PM
From: indexit	of 100058

Well may layoff the INTC short for Monday. Charts of techs do seem to indicate there should be some more upside to this reversal (actaully is it a reversal or just gap filling, that's the real question). Seeing better technical support for this than I have seen for a little while, but there is certainly nothing showing that this will last long. I am expecting there is more donwside between now and mid October, the money streams on both the NASD and the DOW indicate these markets want to do down further. Better on the S&P. Will be going long on Monday. Will not buy any gap up. Would expect to see a little profit taking after the open and then may be going long. Been trying to play more New York stocks and may go long G, HNZ, KO at some point on Monday. The NASD will want to go back to 3850. From there once again pretty clueless, but maybe 3900 before any real decline. Thanks again to all on the INTC and sorry about MSFT. I will still be looking to short INTC at some point in the next couple of days (when I think the general market is going down or if it looks sick and weak). Still seeking feedback.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next