Stock Attack -- A Complete Analysis Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Judy who wrote (7774)	4/23/1998 2:22:00 PM
From: Robert Graham	Read Replies (1) of 42787

Interesting. On this down day in the techs, there appears to be not much evidence of fund accumulation of INTC, even though through periodic 100K blocks there appears to be a fund accumulating this stock. The price gains it has made today has been on the backs of speculators. This also appears to be the case with MSFT, except there has been no 100K type of transactions. So where else has the fund money been going to in the techs? Or are we seeing primarily speculative public money fueling the rise in the techs and NASDAQ? If this is the case, I am more inclined to believe Donald Sew's "blow off" scenario. But then technicalls speaking there is definitely a net accumulation of MSFT and the technicals are improving for INTC. Bob Graham

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next