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Technology Stocks : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?


To: Yogi - Paul who wrote (2694)3/6/1998 6:07:00 PM
From: LK2  Read Replies (2) | Respond to of 9256
 
irthrifty:>The market has no correlation with reality.<

Now that you've finally figured out how the market acts, can you figure a way to make any money from it?
That's the 64 million dollar question (inflation raised the price tag on the old prize).

Let us know if you come up with anything that's usable.

-Larry

PS-How much will CPQ drop on Monday, and can we make any money on it?
I think the odds of making any money on CPQ on Monday are about the same as gambling in Las Vegas. No better and no worse. But then again, I never was very good at figuring the odds.




To: Yogi - Paul who wrote (2694)3/6/1998 6:34:00 PM
From: Pierre-X  Read Replies (1) | Respond to of 9256
 
Re: CPQ Shortfall

Compaq disappoints ... and rallies. ????

This kind of thing is symptomatic of a speculative bubble. I recommend the first few chapters of Burton Malkiel's "A Random Walk Down Wall Street" for a quick synopsis of speculative bubbles.

Here's another warning sign:
"...the prevailing attitude appeared to be that [Intel's] problems were both temporary and company-specific."
From:
Tech stocks rebound as Intel fears ebb
biz.yahoo.com

I'd be extremely cautious in picking longs these days.

God bless,
PX