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Strategies & Market Trends : Dave Gore's Trades That Make Sense
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To: warawls who wrote (8312)6/19/2002 2:46:31 AM
From: Dave Gore  Read Replies (2) of 16631
 
I honestly don't know. It's hard to believe it's AMD's or ORCL's guidance. I'll try to find out. Maybe it will improve before morning. I sold almost all my "long" positions during the day or in A.H.'s after the AMD report but still hold some MLNM and AMAT calls (which are likely going to expire worthless).

I probalby will be looking to pick up some select semi stocks if things stabilize at lower levels after the strong B2B report. Still, this weakness is odd. Perhaps a focus on Geo-political tensions after a couple days of absence? Maybe the dollar is dropping in overseas markets?
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