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 : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Susan Saline who wrote (16610)10/5/1998 6:14:00 PM
From: Susan Saline  Read Replies (3) | Respond to of 53068
 
since I held the 21'ish NSCP

which WILL rebound, as it is in the one of just a few strong sectors, currently ... I averaged down ... I do know this is a gamble

the gamble is on a rally on the dive, a gamble on gapping up in the a.m. which the market has seen numerous times in the past.

The stocks ... bought today, by anyone ... are a gamble on the past trading of the induces coming back strong after a dive day.

Have not looked at the charts of the indices ... but the dow closed well off it's low ... possible this will lead, and the NAS follow

If correct, those buying today will make a good gain tomorrow. If the indices prove us wrong ... more blood



To: Susan Saline who wrote (16610)10/5/1998 6:26:00 PM
From: DanZ  Respond to of 53068
 
MOT.

MOT reported third quarter earnings after the close of 7 cents per share. The First Call estimate was 1 cent with a range of break even to 3 cents. The stock was trading at 40 on Instinet, up 1 7/16 from the 4 p.m. ET close. I sure hope this puts a charge in the SOX and market in general. We've got trouble if the market can't rally on good news from a bellwhether, especially as oversold as it is and based on my comments yesterday with regards to the put/call ratio on OEX options.

There is a lot of news in the press release concerning cellular telephone handsets and cellular in general that could have an effect on VLSI specifically.

Dan