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 (20055)	3/1/1999 10:42:00 PM
From: Jurgen	Read Replies (1) \| Respond to of 69853

Hi Clint, good to have you back. I hope you had some fun in FLA Jurgen

To: Clint E. who wrote (20055)	3/2/1999 9:55:00 AM
From: mattie	Read Replies (2) \| Respond to of 69853

Clint, hope you had a good trip. I took lots of profits last week, and am now 50% cash - which is very defensive for me since I tend to be a lnog term investor. I sold most of my large cap tech names CSCO, MSFT, INTC, VRTS, 1/2 of my SEBL and others. I still hold some positions such as WIND, IFMX, NVH, NSCP and a core position in the cable stocks. I think the market has to come down. I may be a fuddy-duddy but with bond yields at 5.7% stocks are overvalued. That simple. We may not come down much but new highs will be tough. That is my view now but can change any minute depending on the momentem and charts. For now on the SP500 we are making lower highs and lower lows. I would like to see a test of supports at 1200.