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 : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: space cadet who wrote (18988)	12/21/1998 10:42:00 PM
From: Clint E.	Respond to of 68008

Hi Space. This is a missile-proof market! Good luck with your DELL. Your time horizon is a couple of months away so it should be OK. At the rate we are going, my targets for the 1st week of Feb. will be met before MSFT reports earnings. However, since it is a must to finish Jan. on a strong note, I think they'll taper off the momentum in the beginning and middle of Jan. to have enough fuel for a strong finish. I am starting to think that there is a good possibility for the DOW to reach 9350-9400 this year as well. They just need to throw some money in high-priced stocks like MRK, JPM, UTX, CHV, XON.. When the momentum is there, it doesn't take any money to move stocks anyway. Clint

To: space cadet who wrote (18988)	12/23/1998 9:07:00 AM
From: Clint E.	Read Replies (2) \| Respond to of 68008

Space, another good day for the techs ahead. The market bottomed last Monday on Dec. 14th(NAZ=~1965, DOW=~8690) and that's why I came up with my bullish forecast last Wed. night. Before that, it was range-bound. Since then, it has had a series of breakouts and solid daily actions. Here is a lesson for me and all. When a solid uptrend cycle begins, never try to take advantage of a short-term pullback in the market. Always use the small pullbacks to add to your long position(s). Your DELL is doing well. Since Kurlak finally upgraded INTC this morning and with yesterday's better-the-expected results from COMS, watch stocks of chip makers like ALTR, XLNX, LLTC, BRCM, LEVL, PMCS... Outsourcing stocks like JBL, SLR, SCI, SANM, DIIG are worth watching as well. Clint