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 : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: Earlie who wrote (30542)	3/17/1998 2:06:00 PM
From: Mike M2	Respond to of 53903

Earlie, CNBS is like an infomercial for Wall St and the mutual fund industry. Mike

To: Earlie who wrote (30542)	3/17/1998 5:27:00 PM
From: Thomas G. Busillo	Read Replies (2) \| Respond to of 53903

Earlie, CNBC seems to disagree, as somebody at CNBC apparently looked at Bob Pisani's reporting and came to the brilliant editorial conclusion that the way to really add a lot of quality to their broadcast was (don't know if you saw it, but if you didn't, you may wanna sit down for this one)... ...put him in front of a Tradestation screen and let him perform on-the-fly technical analysis based on his recollection of a real technicians's analysis, in which he "shows" viewers possible support levels, literally drawing them on screen Is that nuts or what? John Murphy in that position - TA guru; no problem. Bob Pisani - wannabe technician w/ a dangerous new toy; uh, Fort Lee, we have a problem. I missed the first part of his CPQ "analysis", but he moved on to INTC (where his attempt to comment on the recent gap after the earnings warning was ridiculously confusing, considering he was using a chart in which no gap appeared, just a solid line; you sort of had to see it to understand how silly it was) then mentioned MU only in passing before moving onto NSM. Now, wait a second... Here's a guy who's been talking up the double-bottom in MU. He gets to play technician for a day on national TV. He's sitting at a screen. The entire segment is designed to be him running through charts. He mentions MU by name. He mentions the earnings report... AND THEN HE JUST SKIPS OVER IT! He doesn't even pull up a chart of MU, he just goes right to the NSM chart. What's up with that? You look at a recent daily chart with some MA's and two things immediately stick out: 1) double-top hit early February 2) at the time of his report, MU poised to close under it's 50-day MA. And then you add to that the fact that unlike CPQ, INTC and NSM, this stock just happens to be in the middle of the first session after a pretty ugly downside surprise! Seriously, I'd like to know the names of the off-camera rocket scientists who went "yeah, let's put Pisani in front of a TradeStation and have him play John Murphy." Someone made the decision right? And if Pisani wants to report the Lehman technician's opinion, why not have the technician himself on the air or at the very least take the effort to present the guy's views in a effective manner, as opposed to explaining a "gap" to viewers, some of whom may not know what the term means, through a chart in which no gap is visible, leaving the viewers going "huh?" Good trading, Tom

To: Earlie who wrote (30542)	3/17/1998 7:42:00 PM
From: MR. PANAMA (I am a PLAYER)	Read Replies (1) \| Respond to of 53903

Tanks to all DE bears..I figured that Tom Kurlack would say something just before triple witching again...tanks fer the 400% gain seen by some players on one bet in two weeks...hahahaha GRIM..Softly Spoken...listening to DE street...Doubt whether history will repeat again 3 months from now but I will gamble a bit then too( on neg words just before expiration a la triple witching)...I see that "value" is been built within CPQ but waiting fer more pain to get max gain there(20-21 could be awesome fer some leaps)... This mkt is strong but looking fer specific crashes to play....gotta look at Jabil and Bay net fer a week down the road or so .... Sometimes ones worst enemies are ones best friends(Ask Clinton fer proof) and ones best friends are ones toughest opponents...GRIM looking fer more "CHAOS " sits Good work Guys....GRIM keep those neg posts going we need that balance