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Strategies & Market Trends : Dave Gore's Trades That Make Sense
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To: Dave Gore who wrote (3749)3/12/2002 3:25:06 PM
From: Prophet  Read Replies (2) of 16631
 
Dave, I have been watching GNSS all day, and in fact I got in at 30.80 and exited quickly after I watched the pattern more closely. Aside from the initial bump this morning, the stock has been relatively weak all day. The interesting thing about it is that the stock was dropping for the majority of the day while the DJI and NAZ was recovering. I still like the stock a lot but suspect we might see a little more dropping. I would wait until the dust in the semis settle down. We will see tomorrow. More than the NAZ, the DJI is overdue for a big correction. The index has been sky rocketing for the last two weeks.
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