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 : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Diamond Jim who wrote (2950)	1/21/1998 1:39:00 AM
From: mister topes	Read Replies (1) \| Respond to of 42834

Yes he flipped the stock. Bought at 69 sold at 77 for nice short-term trade. His reason for selling as stated on program was the price based on repeating by Intel of declining profit margin scenario he has been discussing for many months regarding Intel margins. If you can buy a highly liquid trading stock like Intel for 69 and sell less than one month later for 77 you have made a handsome profit at relatively low risk. Then a trader moves on to other names. He has been pointing out the exceptional value in Warner Lambert on the recent pullback and the stock has shot up twenty points in the last six trading days. Maybe he went into WLA and racked up more trading gains. If so that is fine. Also, his semi cap equipment selections have been red hot lately including AMAT KLAC and NVLS. More important than anything, his market call for new highs is about to happen. Spiders and S & P 500 closed only one percent below record high tonight!