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 : Booms, Busts, and Recoveries
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: shades who wrote (63465)5/5/2005 11:57:46 AM
From: Slagle  Read Replies (1) of 74559
 
Shades, Phil has had BAC there for several days and it closed yesterday at I think 45.98 but the volume was just average. I guess he would have bought yesterday. If it goes way up he will claim he did and put it in the "Butch Group"; if it goes down it will quietly dissappear. I see the "Butch Group" has come back. That wasn't there yesterday. So....maybe even Phil thinks there will be a rally.

But look at his "Butch" buys. I don't know how many times he has posted INTC there since last Summer and I think you would have lost money every time if you hadn't been real careful. Now the recent chart looks hopeful but all those will do is just go up and down with the market at best. Why? Overhead supply, a vast amount of it; INTC was once nearly 80 and BRCM 200. Look at what has been strong lately on a 5 year chart: Regional banks like ASO, STI or biggies like BAC, they are near all time highs, no armies of pissed off buyers from years ago to keep the stocks from going up. Or big pharma like BMY or GSK; there is overhead supply from years ago but they were a good bit lower since and have made a big base so hopefully most of the mad buyers have already left. And they pay a big divvy and also the sector is strong of late. Tech still sucks. Look at the insurance stocks or brokers or most anything but that stuff Phil posts. You do get some ideas from him so I guess its worth it. As for that "instant analist" I like stockcharts.com better and its free.

INTC or BRCM would be good for a scalp if they keep going up.
Slagle
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