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: dennis michael patterson who wrote (37411)12/6/2000 1:35:29 AM
From: Lee Lichterman III  Read Replies (2) of 42787
 
By L3_Aka_L3 on Wednesday, December 06, 2000 - 12:26 am: Edit

I just posted the Greenspan speech on the Reference board under the Fed.

As usual I highlighted things I thought were pertinent in the speech.

EDIT - Link removed as I realized I shouldn't post a link to another board. Give me a few minutes to reformat it for this one.

I was surprised that it wasn't as bullish sounding as the market seemed to take it. Now I am wondering if Favors is right and this may not be a long winded rally. Charts sure do look good though.

As I just wrote someone, APPL is a rummy stock and I doubt it should have too much weight on tomorrow. If anything, it should just serve as a reminder that we are not out of the woods and that more warnings could be coming. We already knew PC sales were down and margins are being squeezed.

One thing I highlighted in the AG speech is how he talks about how the networking and fiber production out produced demand. You wouldn't know it from today's action.

Again, be selective in your picks and while it may be OK to relax a bit, I wouldn't got to sleep -gggg-

One other area of concern, QQQ options aren't pricing in too much of odds on a sustained rally. The 60 are selling for about 1 buck premium currently quoting about 11 bucks a contract. I realize that is deep in the money but not that deep for having two weeks left. 65s aren't too bad either. This is not a recomendation to trade this. Just an observation. Options are high risk!!!!!

Good Luck,

Lee

PS - Check your e-mail <g>
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