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 : Knight/Trimark Group, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Lee Martin who wrote (1859)6/28/1999 2:31:00 AM
From: Joseph Silent  Read Replies (1) | Respond to of 10027
 
I've been following this closely for a while. From everything
I can see, any down move will be short-lived. As soon as
the FOMC meeting is over, we'll see the upswing.

Mutual funds will be buying quality this week. The buying
began last week. Only small sellers sold. Light volume tells all.

We can expect choppiness (one up day, one down day?) until
Wednesday. Judging by what happened the day after Greenspan spoke,
the shorts are in for a rough time. Longs have nothing to do but
wait, since most are in for the long haul anyway.

Please look at:

dartz.com



To: Lee Martin who wrote (1859)6/28/1999 2:44:00 AM
From: Joseph Silent  Respond to of 10027
 
More News. :)

Look:

ragingbull.com

Just out. Another confirmation that upswing is expected.....

Buckle up. Hope won't hurt. :)

My guess (and its only a guess!) -- 25 basis point increase;
tightening bias replaced by neutral stance with wait-and-see
attitude.



To: Lee Martin who wrote (1859)6/28/1999 8:31:00 AM
From: JB2  Read Replies (1) | Respond to of 10027
 
Quoting GBS at thestreet.com fwiw: "When stocks surge and then pull back on lower volume, it can give you a good chance to buy, esp. if the support looks solid and the stock remains above the 50 dma." i.e. buy this one on the pullbacks.