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 (4500)10/21/1998 4:47:00 PM
From: Thean  Read Replies (2) of 14427
 
Whatever correction we got today was definitely shallow. S&P closed above a very important 1065 today and this is technically bullish. If we get a confirmation tomorrow - the rally continues - it is safer to be on the long side of everything (other than gold) than shorts.

The banks did give up some gain, but for sure not too many want to take profit for fear of selling too early. They may be right. I did closed out my AFS put though. Shorted FGII.

COF is on a good mo since it announced big growth for next year. This will keep the credit card issuers like KRB supported a while. I'm playing day-to-day now and don't be afraid to sell too early. That is money in the pocket. Can't go wrong with this approach.
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