SI
SI
discoversearch

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.
Strategies & Market Trends : Intraday Updates, Analysis & Strategies for Daytraders

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jenna who started this subject3/13/2001 9:19:32 AM
From: Dave Gore   of 589
 
Market will open up - I like ARBA here and bought it yesterday at 11+ after the news yesterday; also like GLW right here as a short and long term play, and other properly or undervalued stocks. ARBA and GLW have low PEG's and decent PE's, as do some others now...assuming of course they grow close to what's expected.

The SOX is what I am particularly watching, as I believe that will determine how well the techs do. The Semi group, particularly the AMAT's and KLAC's should be our first signal if the tech market is getting healthier. They were among the first to signal a downturn last Fall and should be the first to tell us things are getting better. Any move may very well be temporary though. It's still too early for me to buy anything for the longer term.

Meanwhile, just remember there is life outside of tech stocks, too. Prudential is upgrading some banks, Lehman some energy stocks like CPN and the BTK index is oversold and beaten up. Maybe a stock like IMNX for a good bounce as it has very hot product in Enbrel and is near annual lows.

PS - a mini-congrats to those of us who bought TRAC (up about 40% off lows). It actually had a pretty outstanding earnings report yesterday and was one of the few stocks that were up.

Good luck out there....it sure is a tricky Market
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext