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 : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: marc chatman who wrote (41954)	4/30/1998 11:46:00 AM
From: SE	Read Replies (2) \| Respond to of 58727

Do I understand correctly that Clinton is giving a news conference this afternoon???? If so, we are headed down. I think the voo doo queen noticed that when Clinton speaks we go down.... -Scott

To: marc chatman who wrote (41954)	4/30/1998 11:50:00 AM
From: j g cordes	Respond to of 58727

The xoi looks to be nearing a double top with long term stochastics rolling over, rsi down, and the stocks are going nowhere in a market up 138 points. The inflation bogey is out of the bottle today and I expect demand for oil will show good supplies with less chance of renewed pricing ability despite OPEC. Recent data out of Asia shows slowdown is real and will take more time to solve. Caspian Sea exploration is the only bright spot which might be factored in to current high prices. This all sounds good but I could argue in the other direction also... hopefully HAL and SLB traders are seeing good profits moving out of their stocks and want to get out also.