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.

Technology Stocks : SIEB Siebert Financial Brokerage -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (243)	4/15/1999 5:49:00 PM
From: Gutterball	Read Replies (2) \| Respond to of 284

So what are you saying, SIEB is a buy at 35 or get your butt out if it breaks below 35?

To: Sun Tzu who wrote (243)	4/15/1999 6:40:00 PM
From: James C. Mc Gowan	Respond to of 284

Sun: yes, I saw that 34-35 to 38+ range this PM and agree that this could be a very profitable range for interday scalping; that is, of course, unless this baby decides to take off again tomorrow, or more likely, after options expiry madness is over. I always like to study those intraday charts for some trading points and the Price by Volume indicators are most helpful too. I guess my earlier hunch to play from 35 for a few would have worked ok today, oh well, I was busy playing MSGI and cashed in; those I-nuts are great for ripping off a few in minutes. It also had a rock-solid floor at 30 today; once it pierced 35 resistance(big buying here in past) it was a no-brainer for 3 points. Of course both SIEB and MSGI were beneficiaries of Uncle Ike's levels today, which I follow religiously for SPM/DOT. Boy, these really help give you trading confidence. Last nite he called for buying in Etraders and SCH; so maybe the best is still yet to come for SIEB et al.; OK, I'm hooked and I'll try to plot out some scalps for tomorrow. Regards, and best of luck with your trades James