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: Clint E. who wrote (19028)	12/23/1998 9:19:00 AM
From: drsvelte	Read Replies (2) \| Respond to of 68015

Clint: With the upgrade on INTC, how do you think TER will move?

To: Clint E. who wrote (19028)	12/23/1998 1:16:00 PM
From: space cadet	Read Replies (2) \| Respond to of 68015

Hi Clint, Yup market looks great here. I expect the next 6 weeks to be 3 days up pretty good, one day flat, one day down each week. I'm looking for a minimum 25% move on the Nasdaq. I see no real negatives anywhere these days. As briefing has noted, this is probably the least amount of earnings warnings we have had in years, so the tech sector is primed to fly. I just wish I had bought a lot more dell than I did. I should have just chased it the next day but now I will hope for a pullback to buy more. 74 was a sure thing on dell. Next stop is 80 where it looks to have a ton of resistance. It will take some good news to break 80 I think. After that 100 is the next stop. We'll see how far it moves. Internets are flying again and I missed them again. Another outsourcing stock to watch is smod. I agree that's an excellent sector with p/e's that haven't left for interplanetary voyages yet. Talking of the heavens I started really liking yhoo and aol 6 months ago and never bought them, not even when they crashed. Wow what a mistake. Next time I will just buy some and stop being so cheap. I know a lot of other people who are saying the same thing, which is why I don't expect a lot of weakness from them in a long long time. In fact, I don't expect to see the dramatic weakness we say Aug-Oct for a long long time. I expect a normal correction sometime in March-April, maybe 15% on the Nasdaq, nothing too spectacular. I also heard that Greenspan will probably stay on another 4 years- more bad news for bears. Looks like we won't get any enduring crash till the boomers start retiring in the late 2000's. Wow msft and intel are both strong. Kind of like the old days on SI. Buy buy buy buy