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 : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?


To: Richard Haugland who wrote (7921)10/31/1997 11:37:00 AM
From: marc chatman  Read Replies (1) | Respond to of 13456
 
It seems to have been released this a.m., but I don't know what time. I don't think that drove the market, though. It just seemed that buying ran out of steam after the futures driven trading took its course.

APM looking pretty darn solid here in the 22 1/2 territory. If I didn't have a history with APM, I might think about accumulating. But with a projection for decreasing earnings for next year and with yield uncertainties, I'll stick with WDC and maybe QNTM in this sector.

Right now, at least with a couple of stocks, I'm playing the "sell on the gap up in the morning and buy on retreat game." Of course, one day somebody is going to come along and change the rules.

By the way, Steve Goldman just started posting on the WDC thread. I don't know his investment track record, but he's a market pro and may have some good thoughts on trends for the stock.