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.

Technology Stocks : YURI ( YURI SYSTEM ) -- Ignore unavailable to you. Want to Upgrade?

To: SteveG who wrote (621)	2/25/1998 2:32:00 AM
From: HerbertOtto	Respond to of 1181

No black magic here. Just attempting to assess the fear and greed present in the market. The thing that disturbed me about YURI recently was - after those stunning earnings, and the stock down about 50% below the October highs, and the market averages going to new highs, where did the sponsorship for YURI go that was present last year. The conditions were right for a rally, but nobody came to buy. One possible answer is that last year's giant rally was produced by momentum players who stayed too long. They have moved on to the new internet IPOs and other stocks this year. When the 50 dma failed it told me the short to intermediate traders were not paying attention. When the 200 dma failed it indicated there were no new investors interested in YURI at 22+. With traders and investors on buyer's strike, who is left? Maybe a merger? Hope 19-20 holds for you. Herbert