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.
Non-Tech : Invest / LTD

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: drsvelte who wrote (1792)8/14/1998 7:55:00 AM
From: Thean  Read Replies (1) of 14427
 
Doc, couple of intraday long trades...

DRTE - your idea but seems to be in a bullrun. It bounced off old resistence (new support yesterday) and may go through 50 today. Chart looks wonderful. Any clue what their business is?

PMRY - hit very hard. Support at 16. I have buy limit order there just in case it drops some more today.

It is the first time I have heard of a government (HK) buying stocks to prop up the market. I just wonder if they buy selective blue chips or just the index fund? And will they do it again everytimes their index fall below 7000... Hmmm, would the government ever get margin call? OR will they just print more money... <GG>
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext