Moguls Gold- A Thread That Thinks Like a Fund Manager Message Board

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 : Moguls Gold- A Thread That Thinks Like a Fund Manager

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Danny who wrote (52)	9/21/2000 12:38:00 AM
From: $Mogul	Read Replies (2) of 303

Good evening thread: Let me start off by saying that the NASDAQ looked better to me today then it has in weeks. Why you ask? For one the Dow was under serious pressure, and the NASDAQ held up like a champ the best it could. Some Divergence was clearly evident today, and for me that was encouriging. I continue to hold a cautious stance, with a upward bias, lol.. toward the long side. I saw accumulation today, and if they are going to sell the earnings news then the buying started today in my opinion. Lets not force trades, and be cautios still, and folllow the market to where it wants to go, not where we want it to go. I have made my shopping list, and added some long positions today. Sectors I like for Pre-earnings and Window dressing are B2B/Fiber and Biotechs, as they have been the best preforming of the quater. A possible short term mkt catalyst here is still Oil, and speculation is that President Clinton will release some domestic oil reserves (Last time this happened was during the Gulf War, and Oil dropped $10/barrell). Mkt may still go lower for the week, but going into earnings, and quater dressing I am bullish short term... Trade smart out there! -Mogul

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next