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 : Waiting for the big Kahuna

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Skeet Shipman who wrote (44433)11/6/1999 10:00:00 AM
From: Monty Lenard  Read Replies (1) of 94695
 
Hi Skeet, Well my chart indicators says MOT is way overbought and I may be a little early but heck the crooks have to make money off someone.

"The danger in a mania is the mass hysteria of sector investing with self reinforcing media coverage."

Look at MOT's chart on a weekly basis. Even in AOL's or DELL's or even MSFT's best week and MOT exceeded all those performances this week. Am I early? Probably so. That is why I just started nibbling.

Now I would hope I don't influence any lurkers into entering a position based on what I say because I may be way off base! I watched it trade and I asked myself this "Are these big blocks going across buying at the high of the day or are they selling to the retail at the high of the day?" I have to believe they were selling.

Monty
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext