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 : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: 16yearcycle who wrote (49835)4/11/1999 11:30:00 PM
From: GST  Read Replies (2) | Respond to of 164684
 
Eugene -- <folks trying to protect themselves until INTC report> A run-up in stock prices followed by selling on the news -- no matter what the earnings -- is not at all uncommon. There is no reason why the intc report will reverse selling momentum -- and a sell-off in the face of ok earnings would spread to other stocks quickly. Buy the rumor etc. -- same old story. Which could lead to a lot of people heading for the exits just as we are getting into earnings season. Very possible we made a top in the market Friday. It would not take much (in fact there does not have to be any reason beyond profit taking and valuation) to see a 10-15% drop in the market here -- or, of course, more than that.