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


To: Gottfried who wrote (18394)4/1/1998 10:01:00 PM
From: Dennis  Read Replies (1) | Respond to of 70976
 
Looks like a triple top is a coming !!!



To: Gottfried who wrote (18394)4/1/1998 11:48:00 PM
From: Steve Byers  Respond to of 70976
 
Well, I've listed my good trades, so here goes nothing... shorted 4,000 shares today at 37, we'll see, will trade this position if the market takes a hit, or amat shaves some...its a short term strategy, for before the earnings #'s are released, for which I would rather be long, even if only for a week or two, then neutral again, ...
also sold 2,000 shares from my kids accounts, still have 3,000 in retirement accounts, but short in trading account and neutral in other accounts, except ira's and keogh's... we'll see what the next week or so brings, good luck



To: Gottfried who wrote (18394)4/1/1998 11:59:00 PM
From: Paul V.  Respond to of 70976
 
Gottfried, Following are the DW Bull % for the prior week, 3/31.


SECTOR Percent SECTOR Percent SECTOR Percent SECTOR Percent SECTOR Percent SECTOR Percent SECTOR Percent
2/17/98 2/24/98 3/3/98 3/10/98 3/17/98 3/24/98 3/31/98
bpeuti 89.6 bpeuti 89.6 bpeuti 89.4 bpeuti 89.4 bpeuti 89.4 bpeuti 90.4 bpeuti 91.5
bpbank 80.7 bpbank 80.1 bpintl 88.31 bpbank 80.2 bpbank 80.5 bpbank 82.5 bpinsu 81.8
bpsavi 80.6 bpsavi 80 bpsavi 81.2 bpsavi 78.3 bpsavi 80.3 bpsavi 80.4 bpbank 81.4
bpguti 76.7 bpguti 76.7 bpbank 80.1 bpguti 78.1 bpinsu 77.92 bpguti 79.5 bpguti 79.5
bpreal 72.7 bpreal 72.2 bpguti 75.7 bpintl 77.92 bpguti 76.7 bpinsu 78.8 bpsavi 78.8
bpinsu 69.9 bpinsu 71.5 10week 72.88 10week 75.6 bpreta 73.1 bpreta 73.5 bpreta 73.8
10week 69.08 bpmedi 69.3 bpinsu 72.7 bpinsu 75.4 bpwall 72.7 bpnyse 72 bpnyse 72.8
bpmedi 67 bpwall 67.3 bpreal 71.7 bpwall 70.9 bpreal 72.4 10week 71.44 bphous 72.4
bpwall 66.79 bpsemi 66.1 bpwall 70 bpreal 70.6 bpaero 71.9 bpreal 71.4 bpreal 71.6
bpsemi 66.1 10week 65.81 bpmedi 68.4 bpaero 70.5 bpmedi 71.2 bpfore 70.9 bptrans 70.8
bpfina 64.4 bpfina 65.8 bpreta 68.3 bpmedi 69.6 bphous 70.8 bpmedi 70.7 bpmedi 70.8
bpnyse 64.1 bpnyse 65.4 bpnyse 68 bpreta 69.4 bpnyse 70.6 bpwall 70.2 10week 70.73
bpfore 62.7 bpreta 64.3 bpfina 66.7 bpnyse 68.7 10week 69.38 bphous 69.8 bpfore 69.1
bpaero 61.4 bpaero 63.6 bpsemi 66 bphous 67.3 bpfore 68.5 bpaero 69.7 bpaero 68.9
bpreta 60.9 bpfore 63.5 bpaero 64.8 bpfina 66.1 bpsoft 66.8 bptrans 69.1 bpfina 68.3
bphous 60.4 bpbuil 62.3 bphous 64.3 bpfore 64.2 bptele 66.2 bptele 67.7 bpbuil 67.3
bpmach 60.2 bptrans 62 bpfore 62.3 bpheal 64.12 bpbuil 65.9 bpfina 67.5 bpwall 67.2
bpbuil 60.1 bphous 61.3 bpbuil 62.3 bpbuil 64.1 bpfina 65.6 bpbuil 66.1 bpmach 66.8
bptrans 60 bpmach 59.8 bptrans 62 bptrans 63.4 bptrans 64.9 bpmach 65.6 bptele 65.9
bptele 57.7 bpotc 59 bptele 60.2 bptele 61.6 bpmach 63.9 bpfood 64.7 bpsoft 65.7
bpotc 57.7 bptele 58.9 bpchem 60 bpdrug 61.2 bpdrug 62.6 bpsoft 63.4 bpfood 65.6
bpchem 55.6 bpelec 57.1 bpmach 59.8 bpauto 60.7 bpotc 62.2 bpchem 62.1 bpbusi 65.6
bpsoft 55 bpsoft 55.9 bpsoft 59.7 bpmach 60.4 bpfood 61.7 bpotc 61.5 bpchem 64.1
bpauto 54.8 bpchem 55.6 bpotc 58 bpchem 60.4 bpauto 61.36 bpauto 61.3 bpauto 62.6
bpelec 54.6 bpgame 55.6 bpfood 56.8 bpsoft 59.5 bpbusi 59.9 bpbusi 60.7 bpotc 62.4
bpbusi 53.4 bpfood 55.2 bpauto 56.6 bpotc 59.4 bpchem 58.6 bpmeta 60.3 bpmeta 60.3
bpgame 52.8 bpbusi 54.4 bpelec 56 bpfood 58.6 bpcomp 56.6 bpdrug 59 bpoils 60
bpdrug 51.9 bpauto 53.8 bpdrug 55.9 bpgame 58.2 bptext 56.4 bpoil 58.5 bpoil 59.9
bpcomp 51.2 bpdrug 53.7 bpbusi 55.5 bpbusi 58 bpmeta 56.4 bpgame 58.2 bpdrug 59.7
bpfood 50 bpcomp 52.8 bpcomp 54.8 bptext 56 bpgame 56.4 bpwast 57 bpgame 58.9
bptext 48.6 bprest 51 bpgame 54.5 bpmeta 53.8 bpwast 54.3 bptext 56.4 bptext 58.6
bpmeta 48 bpmeta 50 bptext 52.8 bprest 53.5 bprest 54 bpoils 56.4 bpwast 57
bprest 46.9 bptext 47.7 bprest 52 bpcomp 53.1 bpheal 51.9 bprest 56 bprest 56.4
bpwast 46.6 bpleis 47.2 bpmeta 50.7 bpoils 52.4 bpelec 51.5 bpcomp 54.4 bpcomp 56.1
bpoil 46.2 bpoil 47.2 bpoil 50 bpoil 51.3 bpleis 51.3 bpstee 53.9 bpstee 55.4
bpheal 44.4 bpwast 46.7 bpwast 49.5 bpelec 50.2 bpsemi 50.9 bpheal 52.6 bpleis 53.9
bpstee 42.7 bpheal 44.2 bpoils 49.5 bpleis 50 bpoil 50.6 bpleis 52.5 bpheal 53.9
bpbiom 42.6 bpbiom 42.4 bpleis 48.5 bpsemi 49.5 bpstee 49.4 bpelec 46 bpelec 47.3
bpleis 42.5 bpstee 38.7 bpheal 47.6 bpwast 47.3 bpbiom 45.3 bpbiom 45.1 bpbiom 43.4
bpoils 38.4 bpoils 33 bpstee 44 bpstee 46.1 bpoils 41.1 bplati 42.3 bpsemi 42.7
bpprec 37.3 bpprec 30.9 bpbiom 38.2 bpbiom 42.3 bplati 34.6 bpsemi 41.3 bplati 42.3
bplati 30.8 bplati 28.8 bpprec 31.51 bplati 34.6 bpprec 24.6 bpprec 24.6 bpprec 32.8
bplati 30.8 bpprec 29.4 bpintl NA bpintl NA bpintl NA

Note no sectors are below the 30%, oversold area.

Naturally, the above is only my opinion and the data which I have
reviewed from the Dorsey Wright site. Reader are reminded the old
saving, "caveat emptor (buyer/reader beware)."

Paul V.



To: Gottfried who wrote (18394)4/2/1998 7:50:00 PM
From: SMALL FRY  Read Replies (1) | Respond to of 70976
 
GM,
Re: SF, my take? I'm almost ready to put everything in CDs.<g>
I can't find a rational way to play this market - except
short term trading. And I'm scared of that.
Am still holding a chunk of cash.


Heck I'm scared too! I planned to buy back in at 39 but it came a bit too quick even for my adventurous soul, so I shorted it instead at 39 3/8. I'm an amateur so what do I know? (that's my excuse <g>).

It settled nicely at 38 7/8...hopefully we'll go back to the original happy range of 33-35 so I can buy back. If not... oh well, I played it wrong 'cause I'm an amateur.

Regards,
SF