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Strategies & Market Trends : Moufassa's Lair

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To: Tradelite who wrote (2274)12/6/2001 12:40:17 PM
From: James C. Mc Gowan  Read Replies (1) of 13660
 
$SOX up to flat from -12 or so after NSM earnings come in.
Market turned on this news from mark downs, hotties in jello now but all up on day.
How about a little dip for the newbee dipsters, gggg

All semi should hold and move up toward close with INTC AH, n'est pas?
As the semis turn, the world turns(in the market).
Going to bullish for trading purposes, with VERY short term short scalps on interday gaps only.
James
Edit: put in order for 1K NSM as news came in just above market, which was down about $1 for day. Now +$1 or up $2 from pre EPS announcement. Of course my bid was ignored,ggg/ng
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