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.
Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: ViperChick Secret Agent 006.9 who wrote (10568)6/19/1998 3:53:00 PM
From: Magnatizer  Read Replies (1) | Respond to of 42787
 
lisa

I listened out one ear while concentrating on something else but I did get the basics.

He said he will be in cash until the market goes above the all time intraday high of 9311 or so(?) At a break above that level he likes Dow to 10K. If we don't get a rally in July he feels the bull may be ending. Also says bear will not be confirmed til Dow 8100.

Basically his outlook is a rally in July. If the rally fails to go to new highs we are in trouble. he says we are range bound for a while. Refers to the history of market tops where there is a significant top (May) followed by a dip then a rally. the rally must break into new highs.

gee, did I just say the same thing about 3 times.

No new toys to play with from this interview :0(

ht
david



To: ViperChick Secret Agent 006.9 who wrote (10568)6/19/1998 6:16:00 PM
From: dennis michael patterson  Respond to of 42787
 
Lisa: I would appreciate any details. I cannot believe I missed him. As of Weds., I thought his view was that we had reached an intermediate low. The Buffett news is huge! A little positive out of Japan, and Monday will be great.



To: ViperChick Secret Agent 006.9 who wrote (10568)6/20/1998 4:00:00 PM
From: Sonki  Read Replies (1) | Respond to of 42787
 
Lisa, cash is sin. July rally will soon start. i moved to cash for wkend only. and it was in an account where i don't have to think about taxes. i will maybe buy back the same stocks even @higher prices.

if something goes wrong in Japan over the weekend, i may even get a great discount to buy on monday.

yahoo, went up on bad news on friday. and pfe went down on not so bad news. yahoo said they will slow down on earning growth and FDA is delaying one of pfe's drug. bot more pFE late friday.