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 : Roger's 1998 Short Picks
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Pancho Villa who wrote (11666)7/17/1998 6:43:00 PM
From: larry  Read Replies (1) of 18691
 
Dr. Pancho,

You know that I long DELL and was very bullish on the issue based on its past performance. However, I have to say that I am shocked at the performance it had in the last 8 sessions. Absolutely crazy. But technically I like the stock because it's going to add another 25-30 point within the next month.

And watch out for AOL. As much as I hate their service, I have to say that I love the stock. I believe that it will flex its muscle and add another 20-30 point before they report on August 4th. Also more prediction on YHOO! and AMZN. They will reach 230 and 160 sometime during the next month. Another wave of internet mania is coming, and the YHOO! split and AMZN report should boost it. (THey will correct later this year for sure.)

Just curious, I have heard lots of rumors with respect to AOL's fraudulent accounting. Any truth behind the rumors?

The market is really getting ahead of itself and the worst thing is that the big blue chips are all overbought, while small issues either lag the market or make 52 week low. The deteriarating market internal situation is a strong indication that the investor confidence is low, although the SI bull/bear ratio is at historical high. I think that the wise bulls should be really careful . The time to liquidate portfolio is probably coming.

I think that I am sounding more and more like a bear.

larry!
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