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 : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?


To: Voltaire who wrote (17415)5/3/2000 4:57:00 PM
From: Eski  Read Replies (2) | Respond to of 35685
 
You WON'T get any rally tommorow with these figures due at 8:30am Friday.

1.Nonfarm Payroll
2.Unemployment Rate
3.Hourly Earnings
4.Average Workweek

More like a Sell-Off, no one going to commit serious money till these numbers are out and Greenie done speaking tommorow. Good thing Galvin saved the Nasdaq's butt today or the close would have been real ugly. It was one hell of a short squeeze in the futures thanks to Galvin. LOL



To: Voltaire who wrote (17415)5/3/2000 5:12:00 PM
From: Dalin  Respond to of 35685
 
I have, I have!! I'm wit chu on dis!!

:0)

D.



To: Voltaire who wrote (17415)5/3/2000 5:18:00 PM
From: im a survivor  Read Replies (1) | Respond to of 35685
 
<<You should all be buying your favorite stocks and options in here. What a joke.>>

Did just that....somehow, for a change, it looks like all my limit orders came in at the lows of the day.

I can't help but notice how nokia has held up. It is still right around it's high for the year. Additionally Tom, take a look at the ZAKAI's...Jan 45's. I mean the premium is very, very nice under $20 and the calls are very much ITM, with most of the year to go. Also picked up a few VIGN sept 35's, and a fewmore ntap sept 50's, as well as some more IARC. I will keep buying IARC as long as it keeps dropping. It's funny, I feel so strongly about the technology they possess and what they are doing with it, that I actually hope the damn thing drops to $2. In any case, I am a buyer at every dollar drop under $10. Mark my words on this one....it may be a month, it may be a year.....heck, it could be more, but IARC is gonna have a considerably higher valuation. I am amazed at how high all the experts are on VIGN ( I happen to like them too, but...), yet IARC has them beat in technology, and look at VIGN's market cap. If iarc reaches half that, we are looking at $150 a share.

All right, I better stop...sounds like I am hyping, but I cant help but get excited about what IARC has on the table for the next few quarters.

Have a great night



To: Voltaire who wrote (17415)5/3/2000 5:27:00 PM
From: Clappy  Read Replies (1) | Respond to of 35685
 
I agree V-man. Did you see how the Naz jumped at the last 1/2 hour of trading. Many stocks shot up 2-3 percent.

The houses may be trying to keep the Naz technicals in tact.
Look at the charts.
As you said, the houses don't want to kill their inventory.

I got faith in your words.
I began buying just before and after the close.

There are excellent trading possibilities as of late.
Many stocks have been following the hourly charts.
Monday afternoon, I sold 40% of my holdings.
I even shorted PHCM that afternoon for 10 points worth as a hedge against my long NTAP and CREE holdings.
Today I covered my short and put that cash & some of my dry powder to work for me again.

I may buy RNWK and BVSN again tomorrow morning.
Today I bought PHCM and CMRC.

-TraderClappy