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Technology Stocks : DELL Thread For BULLS and BEARS! -- Ignore unavailable to you. Want to Upgrade?


To: Paul van Wijk who wrote (163)11/14/1997 12:39:00 PM
From: McNabb Brothers  Read Replies (1) | Respond to of 198
 
Paul,

<And the market knows that.>

Who in the hell is the market? I always thought it was me and whom ever was willing to trade with me! So if the market is me I don't know anything! And I bet that you will agree with that last statement of mine!

Hank



To: Paul van Wijk who wrote (163)11/14/1997 1:18:00 PM
From: Michael Norton  Respond to of 198
 
Paul, the market is scared based upon the Iran thing in 1989 when the stocks got clocked. The only people who are buying are the institutions who will bail quick if the market retreats-like having a sell order that is bumped up as the stocks go up.In addition, based upon market conditions, the institutions (at least mine) have gone to
a three day order placement-buying positions in three blocks on three
positive days on the action of the stocks.This is day2, hopefully Monday is day3. The semiconductors I believe (INTC, AMAT etc)will lead us out based upon valuations.

Take care,

Michael