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.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: jtechkid who wrote (17547)	3/12/1998 1:00:00 AM
From: Marc Trombella	Respond to of 70976

Point well taken. I agree with you, there are many short term problems right now. Usually the big players hold up a little better than the small guys in times like these.

To: jtechkid who wrote (17547)	3/12/1998 7:50:00 AM
From: Vaughn	Respond to of 70976

kid Re:if amat hoping japan will bail them out thats also risky bet? Maybe AMAT bailing out Japan is a better bet... <VBG> biz.yahoo.com biz.yahoo.com

To: jtechkid who wrote (17547)	3/12/1998 9:31:00 AM
From: Laker	Respond to of 70976

jtechkid: According to my calculations, the DJIA for the last 30 trading days shows a net gain of 11,280 issues. The last time this figure went over 10,000 was on October 7 (at plus 10,403 issues) and before that 10,105 on August 14 (the day before the market tanked 240 points). This figure has been as high as 14,000 plus (last summer), so this market could run higher; there is a precedent for that. However, it did pull back shortly after that (within two weeks selling had begun to accelerate). The market appears to be stretching itself. So if this trend repeats, persons looking to get in might wait for a better buying opportunity (at sales prices) in the next few weeks. But what do I know. Well, the obvious is that next Friday is triple-expiration date and thinks will probably be choppy. Beware the Ides of March.