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 : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: George Schulte who wrote (5407)10/14/1999 11:16:00 PM
From: Jorj X Mckie  Respond to of 63513
 
Hi George,
I have an opinion on this. But it isn't overly bullish. I have been somewhat bearish for a couple of months. I would classify myself as extremely bearish right now. With Greenspan talking negatively about the market and with the futures down as much as they are, we could see some weakness tomorrow.

DELL has given a significant sell signal and then retraced up to the point it broke down. I don't expect DELL to sell off tomorrow, but I would be careful next week. I have sold covered calls against some of my positions, just in case.

AOL - looks good technically
IBM - I think it might give up a few more points, but I wouldn't panic
ATHM - Tough call

This opinions are based mostly on reading charts. What is most important is your investment horizon, if these are short term holdings, you might want to be cautious going forward. If these are long term holdings....the market will tend to go up over time.

JXM



To: George Schulte who wrote (5407)10/15/1999 10:18:00 AM
From: The Phoenix  Read Replies (1) | Respond to of 63513
 
George,

I see Jorj already answered...and well....he's the best. I would echo most of his comments.

Dump your DELL - Box makers can't generate the earnings.
IBM - the run is over. Sold the hardware and is now only an integrator/consultant. Can they generate the revenue? Lots of questions.
AOL - iffy...you could lose you could win. Slow to deliver on broadband.
ATHM - I tend to like it here

Think about some infrastructure companies but you'll want to wait until November......

OG