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 : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: AlienTech who wrote (4062)	12/11/1998 1:04:00 AM
From: Jeffrey Lee	Read Replies (1) \| Respond to of 43080

Could I ask any of you Guru's for an opinion on BBY (sorry if it's a rather dull puppy)? I own 1,500 from $38. It has had a rather poor week and has fallen from 59+ to 47. It also reports earnings next Tuesday. I guess it's probably a technical mess after 6 consecutive down days. I was thinking of adding but I'm dumbfounded by its rapid decline. Any comments appreciated. Jeff

To: AlienTech who wrote (4062)	12/11/1998 8:51:00 AM
From: tom pope	Read Replies (1) \| Respond to of 43080

>>you really expect the market to tank that much? << As you know, I'm not much at calling the market, but a pull-back before going into a year-end rally wouldn't surprise me. As for KO and G, I think that the overvaluations are most notable in the big caps, and that a strategy of long techs/short big caps might make sense over a one year time frame. And the G and KO charts look like the fight path of a dying quail.