Zeev's Turnips - No Politics Message Board

STOCKTALK

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 : Zeev's Turnips - No Politics

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ajtj99 who wrote (19862)	1/8/2002 7:34:23 PM
From: t2	Read Replies (2) of 99280

One more short squeeze yet I think, then a drop into expiration If the semiconductor equipment stocks like AMAT, NVLS, KLAC rally significantly in the next day or so, that would be a sign to me that a big short squeeze is in progress. I can't imagine investors are really putting much money into this group at current prices. Of course, there is the 401k inflows that might go straight into SnP500 or Nasdaq100 type of funds. That combined with short covering might do it. I am watching these stocks as a bit of an indicator for inflows into the market. That is my main indicator (semi equipment) for a short term top on the Nasdaq. If they stop going up, would be time for me to make a bunch of sales; have already started to reduce my aggressive (margin/option) long positions. 2100 would be perfect for me to get to the point where I am just long the market on a cash basis. jmho ------------------------------------- btw--i just wonder how aggressive the shorts are getting on the semi equipment stocks considering even someone like me is relatively bearish on the group.<g> Short interest late January will be interesting.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next