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.
Pastimes : Ask Mohan about the Market

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: MythMan who wrote (7775)11/13/1997 12:15:00 PM
From: P.T.Burnem  Read Replies (1) of 18056
 
Beware of analysts' upgrades. SLB got upgraded yesterday yet closed down anyway. This morning I decided to take advantage of the drop. The stock opened higher, went up another 0.5 points and began dropping like a stone. A few minutes later, I was out of my position with a sizeable loss.

Someone out there is selling into the strength. Stay away from the long side.

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