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.

Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: c.r. earle who wrote (16619)	10/5/1998 9:20:00 PM
From: Susan Saline	Read Replies (2) \| Respond to of 53068

just a thought .... often after big selloffs ... where stocks have rallied at the close ... they gap up .... then go flat I have been trying to concentrate on the bigger cap stocks, or... at least the "name brands" of late, they rebound more quickly than the little ones. I would think the AUTO's would rebound nicely ... and even when they gap up ... they continue upwards throughout the day. KM closed strong today after being in the green, 1/8 to 1/4 all day ... closed up about a 1/2 that is a good sign for it's recovering. I am trying to stay away from the tech stocks. Although APM made a double bottom .... closing in the green today ls follows DCLK ... it closed well up off it's low ... an offshoot net stock, I believe (???) but beware ... we could just as easily have a early morning rally with selling into strength closing with another poor day. another daily event, lately, is the big rally followed by big selloff into the strength, closing with an ending rally. A daytraders dream come true. .... The market is more fickle than a woman

To: c.r. earle who wrote (16619)	10/5/1998 10:06:00 PM
From: DanZ	Read Replies (2) \| Respond to of 53068

Possible good buys tomorrow Alberto, Of the three most active stocks on the Nasdaq today (CSCO, DELL, and MSFT), I like MSFT the best. The reason is because it tested support and bounced better than the other two. CSCO looks the weakest and I think DELL has downside risk to about 54 where I would call it a buy. The semiconductor stocks should get a boost from Motorola's earnings. My favorites in the group are ATML (held support and closed near the lower bollinger band), LSI (double bottom at 11 1/2 and held lower bollinger band), MOT (has upside to 48 over the next week or so), NVLS (held support at the lower bollinger band), and VLSI (double bottom at 7 with a target of 8 1/2 to 9). Besides MSFT in the software sector, I like ORCL (came close to touching its lower bollinger band today and has several gaps to fill above the market) and RATL (tested its lower bollinger band and bounced nicely). Both of these stocks have upward sloping lower bollinger bands which is a good chart pattern to buy on. Best of luck, Dan