Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: SMALL FRY who wrote (65524)	10/11/1999 12:28:00 AM
From: Jenna	Read Replies (2) \| Respond to of 120523

The play is excellent strategy and worked when HWP made a very high high at 114 going right through the top of the upper BB and then sagged.. I used the strategy once again with PHCM but it didn't work until the next day.

To: SMALL FRY who wrote (65524)	10/11/1999 12:33:00 AM
From: puborectalis	Respond to of 120523

O.T...we should take note of Britain's interest rate scenario........Business: The Economy Shop prices below 1997 levels Shoppers have become more willing to search for value The price of goods sold on the UK High Street has fallen below levels seen two years ago, according to the British Retail Consortium (BRC). The organisation's latest shop price index showed retail prices dropped 0.5% between August and September this year. That put prices 0.4% lower than in September last year and 1.4% lower than November 1997 when the index began tracking pricing trends. BRC director general Ann Robinson said: "This is a significant fall - and the figure confirms what the industry has been saying for some time - trading conditions are tough, prices are falling and margins are being squeezed. "There are a lot of competitive price cuts going on in the high street and that means there's no inflationary pressure coming from the retail sector." One of the reasons for the price fall was that retailers had been able to pass on lower prices for potatoes and other produce after enjoying better harvests this year, according to the BRC. Interest rate decision The index provides an indicator of the direction of price changes in retail outlets each month, using the cost of 200 of the most commonly bought items. The figures suggest that the Bank of England's decision on Thursday not to raise interest rates above 5.25% may have been the correct one. The Bank uses interest rate levels as its main tool in stopping inflation getting too far above or below the target of 2.5%. Some economists believed that the Bank may have decided to raise rates because of fears that economic growth would lead to people spending more in the high street - in turn leading to busy retailers raising prices and pushing inflation up. Inflation excluding mortgages is currently running at 2.1%, a figure higher than the shop price index because of the wider range of goods and services included in the measure.