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 : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?

To: Kenya AA who wrote (1748)	6/2/1999 1:04:00 PM
From: Mao II	Read Replies (1) \| Respond to of 12662

K: Yes. We still have 2-morrow. And the next day and the next and next. As you are more than aware, everybody now is looking to the fri employment numbers, and after that the ppi or cpi or the ufo or whatever. The fact is, commodities and oil are backing way off recent highs. Gold is down. There is no inflation working its way through prices, or at least I have seen no credible evidence of it. The Detroit Purchasing index, numbers out today, dropped sequentially and year over year. but nobody cares about that reality right now. Thoughts are turned to selling. What we have to do for position trades is identify price targets and sectors. Awhile back I said I was looking to establish positions in software, semis and nutz. Therefore, for me, this "correction" is perfect -- even tho it has had an impact on some of my long-term holds. That's ok because I am confident those stocks are fundamentally strong. (I exclude one accidental investment from this.) So I am still looking at those sectors and I intend to buy at some point fairly soon. M2