E! Thanks for sharing the thoughts on LTXX technicals... "Normally", when I'm approaching giddiness, I take that as a mandate to sell some also -- but "This time is different" <GG> -- I ain't selling this time around. I've convinced myself that LTXX is a prime beneficiary of the the trend that is driving LSI, DPMI, PLAB, CYMI, ETEC, TER, etc...except that I believe LTXX is going to benefit more than the others. and earlier. Did you see the news that INTC is planning their move to .13 micron by 2001?.. Can you imagine the impact on LTXX -- hey, they are having trouble meeting production now.
Having said all that, I could be wrong, but I see some 50,000 share blocks moving, so some fund managers are starting to think through the process also... ((I have a few thousand shares less than that, so those weren't my blocks <gg>))
What do you think aobut using the 30 minute and 60 minute charts for the "day trading" type decisions on stocks like LTXX? I've been using them all the way up -- which is why I continued buying all the way to 8 3/4, and almost bought at 10 3/4... I've noticed that when LTXX pushes the envelope on the Bollinger bands, we get a pause, but so long as the bands re-converge above the lower "floor" of the consolidation, then the stock runs again....any thoughts?:
beta.iqc.com
PS: Isn't this fun?
TSO |
