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.

Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (14504)	4/16/2001 2:33:07 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

Misheldo, I think that the market has its own dynamic which is modulated by the earnings reports. The dynamics for this week are "up", for most of it, originally I had Wed. as the turn, but because of the delay in setting up the bottom, that peak might be delayed as well. Actually, if INTC finally drop their second shoe this week (and announce a cut in cap sp[ending of abut a billion or so), that might set the stage for a real bottom, I doubt that will happen. Bad news from INTC will be taken as "in the stock" while good news from IBM will be taken as an excuse to mark up stocks, IMTO. In the meanwhile, I took another $1.25 from NVLS and BEAS, but dropped close to a $.75 on BRCD. Also took $.75 profit on BRKS. Right now, my own stance is 46% cash and I will increase exposure only if we get a serious drop this afternoon. In reedit, BRCM just went for $1.5 profit, I should have gone to lunch (G). Zeev