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.
Technology Stocks : Seagate Technology
STX 278.47+1.0%Nov 6 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: William Epstein who wrote (6303)11/11/1998 11:24:00 AM
From: David Jones  Read Replies (1) of 7841
 
W.E: Last evening I was looking at the Nikkei and wondering why it was up as it was. Seems they expect a tax cut and that moved the market higher and that of Europe also. I started to post a comment but couldn't form a coherent idea as to why they're on the rise until the news this am.
There's strength in the DOW now because of overseas markets looking better. The thing that bothers me is the value added by this news.
I'm going to stay in cash for awhile and see where this leads. I've postponed a purchase today in CYCH which I should of executed <d'ho!> so to stay cash strong.
Not only am I waiting for SEG to stabilize but a general turn in the DOW which I thought was starting yesterday is now postponed and I'll have to watch that as well.
Keep an eye on the DOW's reaction to the foreign and their moves this week and next. If there's disappointment in Japan and the Fed doesn't lower it's rate.
Then I get to bottom fish not necessarily SEG but there'll be plenty to chose from.
The head an shoulders your seeing with SEG is just half formed. Like you said the price could fluctuate here for awhile. Imo that strengthens the price and raises the bottom.
Set back and ride that bad boy!

Dave
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