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


To: bazan who wrote (4176)12/14/1997 5:39:00 PM
From: Chris  Read Replies (2) | Respond to of 42787
 
miguel,

i wouldn't bottom fish.. wait for confirmed uptrend.. look at intc and wdc... have they gone up since they got hit?

more importantly, wait for the mkt to show some green light... it's hard to swim against the tide..

It is in these situations where a trader will beat a buy n' hold investor..

if you look at oracle,s chart.. you had PLENTY of warning of oracle's weakeness.. for an investor who is waiting for the news/financial statements to come in,, it would be too late..

all my opinoins.

Chris



To: bazan who wrote (4176)12/14/1997 5:44:00 PM
From: Chris  Respond to of 42787
 
next week, i would watch the leaders... the leaders that have YET to fall...

cisco, ibm, etc,etc...

if those unfallen leaders start falling,, then i would be very worried..

cisco -6 pts on friday is not a good sign....