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 (3494)	8/18/1998 2:15:00 AM
From: MonsieurGonzo	Read Replies (1) \| Respond to of 11051

DJ; RE:" Bubba Blew It " The Americans feel cheated. They are accustomed to tearful televangelists prostrating themselves to the congregation. Bad enough that they did not get to hear who did what to whom and with what at the grand jury. Five minutes, and Bubba was angry, not remorseful. Now the populace is pissed. Tune in tomorrow. We have succeeded in emasculating our Democratic President to the same extent as our dysfunctional Republican Congress, who, after gaining a majority, promptly shut down the legislature in revenge for having done so. That leaves The Fed, The Courts and The Media to run the empire. Soon, we will elect our newscasters. Click on [ O.K. ] So far this year, we've done a good job of selling off the remnants of our industrial age, C to DAI and AN to BP, etc. - in preparation for the information economy that we have become. Medicine as infocure. Americans don't want to work in factories anymore; haven't, really, for some time. Forget Farms. Indeed, unlike the EU, craft-work labour is considered by many to be once removed from flipping burgers at the local DairyQueen - about the same socio-economic status as teachers, who are particularly out of favour at the moment: Economics used to be The Dismal Science, but now it's Teaching in a Public School. Once there was SuperMan - the man of steel. Now there is Spock - the man of logic. Curiously, none of our heroes have the power to be loved. Thanks God we had the good sense to liberate women, before we did all this. Vive la difference ! Shout it out. -Steve (^_^)

To: smolejv@gmx.net who wrote (3494)	8/18/1998 2:37:00 AM
From: Berney	Respond to of 11051

DJ, The Trend is One's Friend! The most important numbers are the long-term trend numbers. The first week & a half of July, I was clipping along at a substantial 3 digit annual return. Buying DIS and others at the lower range and letting them run worked great. I didn't appreciate the nature of the change that took place in Mid-July. It's not a lot of fun to buy 'um at the lower part of the range and watch them break the long-term support levels. I ended July only matching the Index 1% loss for the month. Disgusting for the anount of effort expended. As I considered the errors, it involved an emotional attachment to the Buy decision. I've come to appreciate that if the stock does not move in my direction, sell it, as whatever I though about trends and support was not working at this time with this stock. It all comes back to money management! As I noted before, only 17 of the 71 Big Boyz are positive from 6/26 to last Friday. Tough to play buy and hold in that kind of environment. Bottom line is that when BAMBI reflects a bullish trend in place, let them run; but when it reflects a bearish trend, accept what the Market gives you and scalp them! Musing from the swamp! Berney