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 : VOLTAIRE'S PORCH-MODERATED
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Venkie who wrote (4552)9/29/2000 6:54:47 PM
From: Ex-INTCfan  Read Replies (3) of 65232
 
Agreed. I remain a long-term bull. But short-term, I find it difficult to make a strong case for a big run here. Look at the Magilla Gorillas with problems (I've included chimps as well):
- INTC -- Warning. Long-term OK. Short-term, probably OK, but has done much worse here than I would have thought. Probably do for a technical bounce -- haven't a clue as to when.
- MSFT -- Tied up in litigation. Perceptions that the company is behind the curve. Great long-term prospects. Needs something to ignite it.
- AAPL -- Oversold. But then, it seemed oversold just yesterday.
- Dell -- Just keeps drifting lower. Needs to revise business model. Perception that all boxmakers are commodities, real or imagined perception, keeping it back.

We went up way to far at the beginning of this year. We are in the process of taking these stocks down way too far. I won't short, but I'm less long than I was before. I'm picking and choosing here -- Mr. Softee is looking very interesting here. I'm not worried about where it will be at the end of the year -- I'm looking further out.

For us to reach 5000 by the end of the year, we need some outstanding news. I don't see it coming. Sorry dudes and dudettes, but that's what I see. Look for bounces -- we are due for one (WAY DUE). I'm keeping dry powder for bargains. I'm still mostly long, so if we rally I'm going to make out well. If we fall, I'm ready to make more money.

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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News