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 : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: Dave Mansfield who wrote (19853)2/9/1999 7:14:00 PM
From: HECTOR RUBERT  Read Replies (3) | Respond to of 27307
 
STOCHASTICS show NASDAQ oversold (BIG TIME!!!)

We are close to another serious run. This sell-off is healthy to the markets as it shakes off weak hands. The GG's are holding back their purse money until their support number hits. They purposely hold back the buying and sometimes even SHORT picks in order to do a double whammy on the share price.

1) HOLD BACK BUYING (even CNBC analysts have taken notice as to the little demand for stocks)
>>>Why? The GG's will never pay premium. Only small investors pay premiums.<<<

2) SHORT STOCKS (GG's will flood the supply of shares by dumping shares)
>>>They will make millions from the share price weakness.<<<

3) Upon reaching their support level or BUY/GO LONG level. The GG's will close out their SHORTS and GO LONG.

That would lead to another serious run as share supplies shrink as the GG's take LONG positions leading to another buying frenzy from small investors as they take notice of the change in momentum.

BTW: GG's = Gordon Gecko's / Big Elephants / Market Players .....you all get the point.

NASDAQ chart (stochastics show OVERSOLD) clearstation.com

Hector



To: Dave Mansfield who wrote (19853)2/9/1999 10:33:00 PM
From: Bretsky  Read Replies (2) | Respond to of 27307
 
Points well taken, but it's hard to argue with results of stock appreciation. People have been YHOO, AMZN, AOL bashing for a couple years now, and I've been among them, but as all I've done is lost $$ because I was too sold on PE ratios. I'm starting to develop the view that with NET stocks future speculation is more important.

My core long term holdings (CSCO, TLAB, CPQ, DELL, EMC, WCOM, PFE, HD, and AOL) all have solid fundamentals in my opinion. The mere 5 shares of AMZN I bought are pure high risk speculation. I was just getting sick of losing by not joining the game.