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 : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (10838)	1/18/1998 4:05:00 PM
From: JKraft	Respond to of 79317

Doug, Thanks for the clarification. I'm still a student. Guess GATs can't GIT around in a bear market! From your earlier DOW post, sounds like the bears are going to wake up from a long hybernation and chase some bulls out of the lush green pasture! That'll give little ABTX a rest, too, no doubt....:) (Max and I'll have to figuratively hang on to our shorts)! Joanie

To: Doug R who wrote (10838)	1/18/1998 6:34:00 PM
From: LTK007	Respond to of 79317

Doug I am amateur working hard at reaching non-amateur status in a few years.Now this DHI(D.R.Horton-builders) initially attracted me because of its chart and nothing but its chart,but now on trying to resolve why this stock hit 21 and then fell back sharply only to now recommence on a very bullish up-turn all in a space of 6-weeks,and with a sharp increase in volume--I have found a big story.This company stock fell when it announced it was merging with Continental Homes which is a bigger company and quite successful but that the merger will leave only one company--DHI. I think the fall back was uncertainty as to what this merger would mean--but then came an upgrade and a buy initiate and an excellent earnings report from DHI. The other thing I found is DHI shares held are 48+% institutional and 41+% insider leaving ONLY 10% for individual holdings---this chart with attitude has revealed a STORY. My inexperienced question is,would not this institional and insider 90% holding be a strong signal to buy into this?--max90 P.S.This stock has no talk forum--it is a so-called Boring stock as Peter Lynch would say.