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 : Stock Attack -- A Complete Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: dennis michael patterson who wrote (20662)4/29/1999 11:25:00 AM
From: dennis michael patterson  Read Replies (3) of 42787
 
FWIW, I think the market is setting itself up for a major selloff, probably next week. Carpino says a top on 4 May, Favors 5 May, and Don Sew points out that MSFT is testing major support. The cyclical rally is a headfake. These stocks do not go up on a fundamental basis unless inflation is rising. I take this to mean that big money (mo money) is pushing them up because they are down. I have continued to sell and I am now 70 percent in cash. I have no idea how low this will go, but I can see 50-70 SPX points vanish.
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