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 : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Bucky Katt who wrote (2755)2/4/1999 1:10:00 AM
From: ~digs  Read Replies (2) | Respond to of 57584
 
William, I'm a full blown bear right now.

Regarding the advance/decline line:

decisionpoint.com

This chart would scare the hell out of me if I was in large cap I-nut bubble stocks. Same with Dell and MSFT too really... these companies are just trading at way too many times earnings. First off, notice the consistent distance between the lines prior to the recent madness. Next, notice the differential between lines on July 10th (the first day of the bear correction of 1998, give or take a few) when compared to the current differential (note: the chart is a few days old). The difference in july was something like 180 pts. It is now approx 260. What this means to me is that we are now 72% (percentage of what I don't know, just made it up :-) more due for a correction than we were in July. All I can say for sure is that we're approaching a probabilty of one as far as major corrections go. The madness has to stop sometime. I agree that it will probably happen sooner, rather than later.

To think, I've never even shorted a stock before. Well folks, that's probably about to change. The first one I'm goin' after is EBAY.

Can anyone give me a link for the futures markets? Preferably one with the market indices of other nations as well. TIA

Dave



To: Bucky Katt who wrote (2755)2/4/1999 8:17:00 AM
From: Rande Is  Read Replies (2) | Respond to of 57584
 
HWP, Hewlett-Packard is a well-respected company in general. We all love their printers [my Laser Jet 4 finally gave me a 'service error' after 7 years of perfect service]. They have established themselves as a top 5 PC maker thru strong retail channels. Now re-defining themselves as an internet company. . .

Listen, it would be easy to laugh this one off as "we want our stock price to rise so we are going to saythat we are an internet company too." But this is Hewlett-Packard Co. Here is what they said:

. . . new Internet-focused division -- the biggest division within the company -- and says it will announce a series of products and alliances over the next several months that will advance and simplify the existing state of online business.

My guess is that they will announce BIG alliances and will offer some impressive new products that will turn even the biggest heads. Don't underestimate this press release, IMO.

HWP upgraded today by DLJ and reports earning on Feb. 16. I think we found a great large cap swing trade, as they re-define themselves.

Rande Is