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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: jimmy who wrote (12934)7/31/1999 11:15:00 AM
From: Kimberly Lee  Read Replies (2) of 108040
 
Jimmy, I have no long term penny plays at the moment. My intermediate port consists of only 3 stocks in the SOX sector: AMAT, KLAC and TQNT, but I have closed out all my July calls in them with great profit. Also sold 2/3 of the common a few days ago as I am not feeling comfortable with this market. Nasdaq critical support lies in the 2955 to 2602 area, and if it's violated with reasonable volumes (on a closiing basis, not intraday), I will become even more cautious.
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