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 : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (17643)11/10/1998 1:32:00 PM
From: Bald Man from Mars  Respond to of 42787
 
They only went up 4-fold in less than a month ...



To: dennis michael patterson who wrote (17643)11/10/1998 1:47:00 PM
From: Judy  Read Replies (2) | Respond to of 42787
 
Dennis, brokerage firms raised their estimates for the internet stocks at market open. INKT was the only "solid" internet stock up only a fraction ... all the rest were up 5-10 points already, so trader's instinct would say to jump on INKT.

Did I? Of course not, too damn conservative although the thought crossed my mind. I was focused on cmgi.

Go INTC, we've all waited long enough.



To: dennis michael patterson who wrote (17643)11/10/1998 7:23:00 PM
From: Electric  Read Replies (1) | Respond to of 42787
 
I have been observing the TICK these last few days and have noticed that the indicator has been negative for most of the day. Today the most I saw it postive was +250, I didnt watch it for a full 7 hours, but I caught alot of it.

I am not sure if there is precise correlation but it seems that it might be. The S&P seems to be stalling, and the russell has been sliding too. I have noticed that in the basket of mid caps I follow.

I will keep watching, but I think there is reason to be careful. When the market was making great strides, the TICK was always positive, and now it is fighting, thus more stocks are fighting to progress. Profit taking it might be, or FED fears.. New highs arent guaranteed. Thank goodness that the big cap techs are holding up, anyone notice how well MSFT has been trading lately?