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 : Tech Stock Options
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Philipp who wrote (52971)9/17/1998 11:35:00 AM
From: Jorge  Read Replies (1) of 58727
 
Phil...I have never heard of this thread, but was given a link over here...I'd like to comment on today's downturn....We've been going up in a several day uptrend due to oversold/technical and fundamental hopes on a rate cut...Yesterday, without the rate cut hint everyone was looking for, we had program buying to artificially mask what would have been a fairly large down day, IMHO....Today, we are back to the fundamentals (maybe some technicals too) that being the Foreign trade exposure that has been causing many companies to lose their profit margins all year long has not gone away..The one hope everyone was looking for WAS the rate cut to stimulate, and with a concerted effort by G7 countries' rate cuts, our and world economies...Without that we are back to square one, corporate declining profits and Wall Street knows that.......Even after the Clinton video gets run tomorrow I think we will still be back to fundamentals within a couple weeks at most.

Regards, George
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