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.
Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: 1-DAY-TRADER who wrote (34305)5/3/1999 4:19:00 PM
From: Kevin Podsiadlik  Read Replies (1) | Respond to of 122087
 
dow 11,000 = take profits = encouraging feds to raise interest rates ..look out nasdaq stocks and inflated prices

That would be ironic, given what the driving force behind this 1000 was: IP, MMM, BA, GT, UK, ALD... friggin' SEARS of all stocks was the biggest force behind the drive to today's milestone.

Not that this may be entirely wrong. Traditionally the Dow has been roughly 5 times the Nasdaq. Somewhere along the way to 10000 the ratio slipped to 4:1. Now we're swinging back towards 5:1 again.



To: 1-DAY-TRADER who wrote (34305)5/3/1999 4:26:00 PM
From: If only I'd held  Read Replies (1) | Respond to of 122087
 
I feel pretty confident that everything I have is at comfortable levels. I am not really holding any flying turds as Mr. P calls them. I would like to have some more margin available right now for shorting though. I'm working on it. The closest thing I have to a flying turd would be CDNW, but I have a strange feeling it might just get aquired by some overinflated stock. Not to mention, if they beat the earnings forecast this week, it could make a nice move to the upside. Pure speculation but every portfolio needs one of them right??