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.
Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Dr. D who wrote (64047)9/7/1998 10:14:00 PM
From: Jorge  Respond to of 176387
 
Don...I'm with you man, all the way...You, like me are apparently long with some doubts about this Market turnaround on Greenspan's "neutral" suggestion...If it doesn't happen every other thing that's been sending the Market down in recent days will all come back to front and center court...It could be ugly if rates don't get cut...Even if they do there are other factors going down the road that I sure wish I could get a better handle on, like GDP and Earnings for the next couple, three Quarters..That would give us a better handle to pin on the actual effects of Global econmic woes.

Regards, George



To: Dr. D who wrote (64047)9/7/1998 10:32:00 PM
From: freeus  Respond to of 176387
 
My Thoughts:
We will have a fantastic up day tomorrow (buy Dell am, sell p.m.) and then the bear will continue on its not so merry way.
Read IBD on this market A25 Tuesday.(tomorrow) I'll quote it if anyone wants me to unless someone can scan it in.
Freeus



To: Dr. D who wrote (64047)9/7/1998 11:08:00 PM
From: Dr. David Gleitman  Respond to of 176387
 
Reason #1:Money Managers out of town during the last two weeks of August.

Reason #2: When there is too much doom and gloom, the market has bottomed out.

Reason #3: The Fundamentals for the US economy are still intact.

Reason #4: Market is way oversold.

Reason #5: More and more investors are realizing quality of Dell

Much concern was raised by analysts that there were too many new lows, where, for example, the top DJIA 50 would outperform the bottom 450. I've learned my lesson the hard way over the years. I'm only sticking to top dog winners. I think that more and more investors are learning this lesson. The rest can keep their KTEL's.

BTW; good mention of Silicon Investor in the Sunday NY Times.

Best of luck tomorrow to all.

David



To: Dr. D who wrote (64047)9/7/1998 11:19:00 PM
From: gc  Respond to of 176387
 
Yeah, let me try. AG has warned against irrational exuberance on the downside. Anymore market slide would likely trigger a rate cut. US has plenty of room for further rate cutes since its real interest rate is very high. To me, this signals a market bottom with a nice built-in cushion. In a strong US economy, a 20% correction is more than enough.