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 : Apple Inc.
AAPL 258.27+1.1%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Andrew Danielson who wrote (21645)1/4/1999 3:20:00 PM
From: Sam Scrutchins  Read Replies (1) of 213182
 
A lot of speculators as well as investors got burned in previous times from the post-event sell-off. So as people become more gun-shy, they try to "anticipate" the trend so they don't get stuck again. So what do they do? They try to sell *before* the event. Of course, that means that many of the sellers that had been there after previous events will be gone this time around.

Andrew,

This makes a lot of sense to me. However, I'm worried that there seems to be a lot of profit taking across the board, with the DOW now down from a high of plus 160+. That may mean that investors are selling into the new year.

Sam
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext