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.
Technology Stocks : Ariba Technologies (Nasdaq-ARBA) -- Ignore unavailable to you. Want to Upgrade?


To: Spytrdr who wrote (1633)1/13/2001 1:31:26 AM
From: FR1  Read Replies (1) | Respond to of 2110
 
FWIW, I noticed the following in the past when we had a similar market to ours today:

1) At the start of earnings month strong stocks that reported real good numbers and had a good CC usually sold off.

2) Later in the month they were bought back in a big way.

Why? because fund managers wanted to see how the other stocks would do. When the reports are over at the end of the month (Jan 26th), the stocks that reported well with good CCs got the most money. Those that reported bad or had bad CCs got nothing (box makers this time).



To: Spytrdr who wrote (1633)1/14/2001 10:47:34 AM
From: Bruce Brown  Read Replies (2) | Respond to of 2110
 
what was support becomes resistance

That was an older chart, Spy, from back in the days when you correctly called the double top. Are you saying that the $60 level that was support on that chart will now be the resistance level going forward that Ariba will have to contend with at some point in the future. That, of course, would be after we bounce off of $1.50 or whatever the bottom and base end up being? <g>

BB