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 : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: smolejv@gmx.net who wrote (3409)	8/10/1998 12:55:00 PM
From: MonsieurGonzo	Read Replies (1) \| Respond to of 11051

DJ; RE:" thin and listless " >> I think the most likely short-term scenario is to bounce up to near ~5735 to ~5820 or so. ( Then it gets tough! ) >I second this opinion. However, not today... Thin, listless trading... EuroWEBS down -1.5% today: Switzerland & Sweden the weakest overall; Spain & Italy now falling in sympathy with Germany & France; Belgium and Netherlands drifting down slightly. Earnings coming out in Europe this month - keep us posted, professor. Here in the empire, only things up (slightly) today on my watch list are drugz and retail - defensive stocks. Folks be waiting for the other shoe to drop? Airlines are up, but I tend to think that it's technical, from being over-sold, plus sympathy with yet more decline in crude oil prices. Financial stocks are particularly weak - Banks / Insurance / Brokers. >I very much like the 2nd-tier/MDAX companies; however I have yet to see the catalyst that will bring them to the attention of the big money. Maybe I should play the sacrificial goat, renounce the "out-of-this-world-PE-devil" and sell my SAP leaps (g). Then maybe others would follow me into the PE-below-20 underworld... Well that certainly is the bizz-buzz on the American teevee, DJ; but come on, man - do you think small caps are gonna go up without the bellwethers (?) or, do you think that they will go up more than the large-cap stocks ? Anyhoo, my watch list looks like this... OEX.X - S&P-100 Index GE - Conglomerate RLX.X - Retail Index WMT - WalMart Stores DRG.X - Drugz Index WLA - Warner-Lambert SGP - Schering-Plough PFE - Pfizer BMY - Bristol-Myers BKX.X - Banking Index CMB - Chase Manhattan IUX.X - Insurance Index AIG - American International Group XBD.X - Broker-Dealer Index MWD - Morgan Stanley PWJ - PaineWeber DLJ - Donaldson Lufkin MER - Merril Lynch NDX.X - Nasdaq-100 Index CWX.X - Software Index MSFT - Microsoft SOX.X - Semiconductor Index INTC - Intel AMAT - Applied Materials BMX.X - Box-Makers Index DELL - Dell IBM - BigBlue DDX.X - DiskDrive Index EMC - E.M.C. NWX.X - Networking Index LU - Lucent CSCO - Cisco INX.X - Internet Index AOL - America OnLine MSH.X - HighTech 35 Index TWX - Time-Warner SPX.X - S&P-500 Index SPY - SPDR -Steve