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.
Technology Stocks : Novell (NOVL) dirt cheap, good buy?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Fiondella who wrote (18766)11/28/1997 12:17:00 AM
From: Don Earl  Read Replies (1) of 42771
 
Hi Paul, Dwight,

(off topic)

Thanks for sharing your views and information. Very sobering. I can kind of see some of the things happening but haven't been investing long enough to actually "experience" what's going on. It makes a difference. Every long trade I do these days feels like a risk of epic proportions. I recall reading that gold futures are one of the leading indicators of market trends. From recent news items, I see gold prices are at a 12 year low.

It looks like world markets were slightly up on low volume while we are on holiday. I guess everyone wants to see how the americans feel after killing enough turkey to feed half of China. I understand there are some economic numbers due tomorrow. That's another area that I have a hard time interpreting. I pretty much depend on the articles to tell me if the news is good or bad. Unfortunately there isn't a 1 to 10 scale to tell how "good" or "bad" the news is. Things generally look like we should have a few up days starting tomorrow. I'm going to start trying to hold cash more often than stock and just target rebounds from lower support levels on day trades. I also figure on putting together a small portfolio of put options on short term run ups. I don't know how well that will work but it seems like it should cover my back in the event of a crash.

Any opinions on time frames or if the Asian situation is fixable?

Regards,

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