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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 164.68+6.2%Dec 18 3:59 PM EST

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To: Thomas DeGagne who wrote (9224)12/19/2000 5:28:52 PM
From: Jerome   of 10921
 
What are you buying or selling these days?

I invest strictly the semi's and almost all semi-equipment stocks.

When I get fed up with a stock I write a covered call against it that is likely to get called out. Might as well get a few more dollars for it.

When this group rallies about every eight trading days I watch for those semi-equiment stocks that respond best to the rally. From what I have observed since the middle of Nov. till the present, the two stocks that recover the quickest and the most are NVLS and Teradyne (TER).

Today is a good example, both NVLS & TER rallied nicely and didn't give up all of their gains. Any new money I have as a result of selling covered calls will go into these two stocks. (NVLS and TER below 34or35, will be the entry points)

This is not scientific at all. Others in this group probably have better TA and FA data to back up other choices.

I try to pay attention to what the market is telling me, not what I think should work out.

Sorry if I can't be more helpful.

Jerome
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