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.

Non-Tech : Dorsey Wright & Associates. Point and Figure -- Ignore unavailable to you. Want to Upgrade?

To: Augustus Gloop who wrote (8124)	5/22/2000 12:37:00 PM
From: Augustus Gloop	Respond to of 9427

Now for the downside on plays like emc and cmgi. Although both are good companies they are also tech stocks. I don't need to say what that means. As a result, although the stops are tight and the risk/reward looks good, you can be throwing good money after bad on tight stops. We also went below the magic 3250 support which suggests we may be going lower. See the nasdaq chart posted a few posts back. Gloop PS - Making money in this market means not losing it! No margin and keep that buying power.