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 : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: Jan Crawley who wrote (595)5/25/2000 5:09:00 PM
From: Bill Harmond  Read Replies (1) | Respond to of 57684
 
I think the senior sector is the problem now...I could see 9500 on the DOW as the big-caps play catch-up. The volume is really picking up now, so I think we're days away. My portfolio is still holding above the April 14 low, but barely.

I have one broker who says the put-call ratio needs to get to out of complacency mode before the bottom comes in. A big-cap decline could inspire alot of options activity and satisfy his requirement.

Net-net I think traders are nearing the end of their shorting opportunity, and I think it's foolish for anyone with more than a 1-quarter time horizon to be selling here.



To: Jan Crawley who wrote (595)5/30/2000 11:18:00 AM
From: Bill Harmond  Read Replies (4) | Respond to of 57684
 
>>Bought 500 shares Qcom at $61 1/8. It's a "70%" from 200; curren P/E agrees w/current growth for a simple analysis. Thoughts?/Thanks!

I brought your post over here. Gene is the expert on Qualcomm.



To: Jan Crawley who wrote (595)5/31/2000 3:39:00 AM
From: Mark Fowler  Read Replies (1) | Respond to of 57684
 
Jan Qcom, that was a difficult trade due to the shake out and i think this time it should follow through next resistance 77.75 then 85 and possible to the 200 MA. I'm watching Qcom closely to see how it deals with these resistance areas. I'd like to pick some up on a retest near the recent lows or if the volume continues to come in good maybe sooner. Good luck Jan and good job.