SI
SI
discoversearch

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 : VeriSign (VRSN) -- Ignore unavailable to you. Want to Upgrade?


To: Eric Van Buskirk who wrote (59)3/13/1998 1:34:00 AM
From: fred woodall  Read Replies (1) | Respond to of 1285
 
Hi Eric, Time to clarify:
INDU dropped 50-points this A.M. while VRSN refused to surrender it's high for that morning. (No evidence of profit taking). This indicates strong movement upward.

AOL/YHOO attracted attention on the wires today, which once again gave the internet stocks the attention investors think they deserve.

AOL/AMZN/YHOO already very high <%> this year so the focus is overflowing in the sector. That's where VRSN comes in.

(Earn your money on this one)
Your position will certainly be a profitable one when this market decides to come back down to earth. May just take awhile. Someone points a finger at VRSN numbers and off the cliff it goes.

I love shorting but I'm weak. If I go 2 points in the hole I don't sleep that night. My Average short position is 2 hours. Did I say I'm weak?
Hope this helps out. (Note: check out MACD trend indicator. Great for showing the end of upward cycles)