Carl, "I don't do day trading" like you do, but sometimes, I am "forced to", like today, I sold my position close to the open ($70) and am looking to reenter when and if we retest the $66 area. I did not like the sudden drop under $66 yesterday, but it was so short lived that it does not "count". Nevertheless, I think that some more testing is due. Longer term, I believe we are going to see systems in the field and announcement from DRAM manufacturers that they are back in line and that will have, IMHO a positive impact. As I said, so many times, however, a breach of $66 makes all these nice future news moot, IMHO.
Zeev |
