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.

Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: Lucretius who wrote (1845)	8/16/1998 7:09:00 PM
From: drsvelte	Respond to of 14427

LT What kinda extra special ESP mojo you got working!!!gg I may bail my MU short Monday, depending on how things look. If we have a "relief" (perfect name re SlicksterGate)rally, I figure the techs may lead the way. What's your take? -- you haven't missed much so far!

To: Lucretius who wrote (1845)	8/16/1998 10:20:00 PM
From: Thean	Read Replies (2) \| Respond to of 14427

LT - between AFS and KRB, which one has worse story? I need to pick one because I'm underweight in the financial sector. AFS's resistence on Monday should be $70 and support for KRB at $30 - simple and straight forward. After Mr. Knight's proclamation on Friday, I will want to see NKE close below $38 before I will put it more. Drillers - Just peeped over the SD thread and boy are they late again. They are discussing oil prices and say how oil price will affect the stock prices of the drillers. The oil price coupling phenomenon is really old news and the to-the-minute sentiment on trading the OS stocks is investor sentiment, not oil price. Big Dog's "it's oil price, stupid" statement will be very good if oil price breaks its current trading band. The crude price short term band is currently capped on the upside at $15 and downside at $12. If it moves outside of these two price points, I expect more vigorous coupling trend to re-emerge. But within this band in the current environment, people are willing to take big losses as moms and pups (who are always late) follow the funds to throw in the towel, which means the drillers will go down even if oil price stays put. It is good to remind people that GLM's all time low is $2 and change - and that would be my equivalent to LT's DOW 1000. <GG> No, I don't really think GLM will go to $2 in this down cycle but it will go lower from here. 20, 30 or 50% lower? No one knows and I am not stupid enough to make a prediction.