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 : Stock Attack -- A Complete Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Electric who wrote (7979)4/28/1998 2:21:00 PM
From: Chris   of 42787
 
Talk : Misc (General) : Radica Games (RADAF)

| Previous | Next | Respond |

To: Sigmund (4370 )
From: Scott Monday, Apr 27 1998 7:25PM ET
Reply # of 4378

Tonight on CNBC Ralph Ancompora made the following statements in regard to todays action on the overall market:

1. He is looking for a 5% to 10 % correction. Somewhere between 8300 and 8700 on the Dow.

2. He is still looking for 10,000 by the end of the year.

3. When looking where to put your money in the short term look for two things
- Stocks that were not overvalued going into the correction
- Stocks that were down very little while the rest of the market tanked

We are almost in the 4 week window leading up to 2nd Q earnings and May of last year is when we started to climb and never looked back until the October correction.

Food for thought
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext