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 : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chris who wrote (7430)	3/27/1998 3:43:00 PM
From: jmac	Read Replies (1) \| Respond to of 42787

YEP, THE MARKET DOESN'T LOOK TOO PRETTY RIGHT NOW. The Fed I guess is meeting next week and that has bonds spooked. 9000 has everyone spooked and the bulls are weak handed right now with everyone speculating 9000. I was right about INTC. Two firms reiterated holds on INTC. But, INTC didn't fall apart. We have to wait for Kurlak for that.

To: Chris who wrote (7430)	3/28/1998 3:53:00 PM
From: donald sew	Read Replies (1) \| Respond to of 42787

Hi Chris, Think that was a good call to take some profits off on MER. Something I have noticed during this run-up concerning technical analysis. My short-term analysis which has been giving me many sell signals have been distorted. I went to the conventional style of analysis of trendlines, stochastics, rsi etc and noticed many breakout signals which worked in the recent past. I am getting signals that my short-term analysis is starting to get back to some normality. This is the time to be cautious. The bull-trend is still intact but the market is starting to slow down. This was the first negative week for the DOW since this rally started. It appears that it is about to take a little technical rest. Seeya