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 : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (1380)	3/3/1998 11:38:00 PM
From: Ms. X	Read Replies (1) \| Respond to of 29382

Hi Sergio, Wanted to send a note about the airlines. Indicators are starting to weaken and RS's are starting to reverse to the downside. AMR and UAL have reversed while DAL is not far behind. At the same time the oil sector is showing some stronger signs and this goes hand in hand with the airlines decline. Also, the bond indicator is starting to fall. No reversal yet but we watch this closely for an indication on interest rates. This indicator goes and we may very well see higher interest rates. I don't need to tell you what that would mean for the market. The NYSE bullish percent is at 67% getting very close to that 70% overbought area. Buy quality stocks on pullbacks. With all this going on you don't want to be chasing stocks. Take care, Jan

To: Sergio H who wrote (1380)	3/4/1998 12:01:00 AM
From: Ken W	Read Replies (1) \| Respond to of 29382

Sergio, Okay here's what I've found so far re: Euro dollar conversion. Not only do we have the Y2K problem facing the whole global financial system, now add in the Euro dollar conversion that is mandated by 1999. Europe has been slow and is way behind the U.S. on the Y2K, but has really failed to pick up the ball on conversion. The compexities of conversion is said to be 4 to 5 times greater than Y2K. We can find a short discussion at eiminc.net This is where I found Viasoft International. (VIAS) The co. specializes in Y2K and Euro dollar conversion. 5 brokers post buy recommendations. Chart looks to be at a low and ready for some upward movement. Will look for more. Ken W