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 : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: xcr600 who wrote (21989)7/11/1999 2:30:00 PM
From: LTK007  Respond to of 69885
 
<<I find it itersting this time around with the Naz's record highs that the nets are well off
their 52week highs. Healthier market or has the daytrading (gambling??) capital just
rotated into other sectors? >> I think,guess,the net money is going more and more to infrastructure internets,or bandwidth companys.
I do some daytrading,but mostly position trading,and so this is how I have been playing it lately.
I personally had hoped that AMZN and ATHM(now being hurt by money swinging to HSAC) would run back to their 52 week highs so I could load up on puts for the fall in the Fall--but hasn't happened yet.
Nice thread,just surfing about today.Good Luck,Max90



To: xcr600 who wrote (21989)7/11/1999 4:39:00 PM
From: Clint E.  Read Replies (1) | Respond to of 69885
 
>>>I find it itersting this time around with the Naz's record highs that the nets are well off their 52week highs.

Those stocks have stabilized for now, thanks to YHOO delivering 3c above estimate instead of 1c.

>>>Healthier market or has the daytrading (gambling??) capital just rotated into other sectors?

Both. I find myself tracking more stocks every week.

>>>Curious when you see the next sell off? After MSFT reports (I have 7/19).

Selloff(at the top) or profit taking? I expect a 100-point profit taking in the NAZ between this coming Tues. morning and the following Monday.

Clint