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.

Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: Sonny McWilliams who wrote (24685)	11/5/1999 12:16:00 PM
From: Brian Malloy	Read Replies (1) \| Respond to of 27012

A nice bull article here Salomon?s Manley Says, ?Buy? Did a jump in the S&P Financial Index during the last three days of October signal the return of the bull market? John Manley, Salomon Smith Barney?s equity strategist, is certain the answer is a resounding ?Yes.? In a strategy note dated November 1 and during an interview on CNBC that same day, Manley examined the volatility that plagued the markets from mid-summer through late last month. His conclusion is that the markets are indeed out of the woods and the time to buy is now. ... Finally, Manley wrote that the November through January quarter is generally the best time of year for equities. In analyzing the S&P performance over three-month periods, he found that October 31 to January 31 is by far the best period, with an average return of 5.8%, an amazing 240 basis points better than any other three-month period. There are fundamental reasons for this discrepancy, as Manley notes, which very likely include seasonal tax-loss selling and positive fund flows. Still, an advantage is an advantage, and this one ?creates attractive buying opportunities for investors in the last two months of the year.? Bottom line: If you agree with Manley?s technical analysis, quit hoarding that cash under your mattress, and put in a buy order with your broker. Time?s a wastin?. individualinvestor.com