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.
Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?


To: smolejv@gmx.net who wrote (5426)2/7/1999 6:03:00 PM
From: Berney  Read Replies (1) | Respond to of 11051
 
DJ, Those clouds have a funny way of doing that.

Boy, there is some negative stuff on the SI threads this week.
Thought I would add some perspective.

PRICE PRICE 38% WKLY 1/13
SYMBOL 12/31/98 2/5/99 FIB MA LOW

CSCO $92.81 $101.25 $91 $90 $90
DELL 73.19 100.44 87 77 74
IBM 184.38 166.00 170 170 180
INTC 118.56 127.56 119 119 131
LU 109.94 100.00 97 100 96
MOT 61.06 66.44 63 63 65
MSFT 138.69 160.00 144 140 136
ORCL 43.13 56.19 47 42 44
SUNW 85.63 100.63 87 86 88
WCOM 71.75 76.25 67 68 69

The 38% retracement is from the 10/8 close. I'll note that it is not
unusual for IBM to retrace 50%, which would be $161.

It is probably just an accident of math that many of these numbers
line up so well. <g> In any case, just an observation that I thought
I would share. Oh well, back to work.

Berney