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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Steve Lee who started this subject4/16/2002 6:48:16 AM
From: shoreco  Read Replies (3) of 99280
 
I've never seen this board this quiet.

O.K. come clean, who was short those high flying semi's ?????

I have to say, they did hold up over the last couple days while they were tossing GE,IBM and even INTC out the window.

Anyway, INTC will have a huge effect on the market tonight.

I think INTC is being used as the "semi hedge" because if they lower forward guidance they should get punished, but if they say things are doing just fine or better than expected, then IMO, it's off to the races and you'll make that hedge up on the high flyers!!!

EOM
Shoreco
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