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 : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: isopatch who wrote (38691)	8/7/2002 5:50:31 AM
From: bearshark	Read Replies (1) \| Respond to of 52237

Isopatch: I got a good laugh out of the markets yesterday. At about 3:20, I was telling colleagues to watch the INDU at 3:30 to see the shorts sell the market in anticipation of CSCO's results. Here is the chart. (It is yesterday's one-day INDU chart.) finance.yahoo.com^DJI&d=c&k=c1&a=v&p=s&t=1d&l=on&z=l&q=l That 15 minutes of action even surprised me but we have killer whales operating in a vacuum setting the tone. You probably noticed that the "analysts" bumped CSCO down earlier this week. I don't think CSCO's results were all that great (sales anyway) but I think the first 30 minutes today should provide some more fun. One more comment about analysts. I heard one state that a certain firm had a pristine balance sheet. Unfortunately, that "pristine" balance sheet also had a negative retained earnings of about $40 billion caused by the write-down of goodwill. Finally, I remember you from the "oil patch" threads. I have bought VRC in the single digits and sold in the double digits religiously over the last 30 years. I love that little company.