Speaking of wireless Sherry, TXN experienced the same kind of capitulation sell-off lst week , and like BBY reversed
back up a bit ...almost exactly the same move made by BBY :
stockcharts.com[m,a]daclyyay[pb50!b200][vc60][iUc20!La12,26,9]&pref=G
I have been accumulating NOK too on dips into the 10's ,
where it's been holding well , with everything said and
done next week , and most of earnings out of the way , we'll be right back into the wait for next earns
coming in October , and another period of company mid Q's
and affirmations etc.
So for now just looking for any signs of bottoming action & support and will any points the market hands me and let people argue all they want ....shorts like to cover too and tke profits, as some stocks begin to shrug off more bad news and bid back up.
I didn't ctch TXN's drop to that new low but sure was looking hard in it's direction , and recognize at least some kind of temp botoms have been put in for many that have been getting support now at these levels.
Nok headed right back down for a double test in the 10's , and without a care in the world I added more at $10.75, was happy for the shorts who made out , and happy for ME
too now , cause now I own twice what i did before ;-))
stockcharts.com[m,a]daclyyay[pb50!b200][vc60][iUc20!La12,26,9]&pref=G
NOK closed almost back up to $13 on friday...and that's not bad for a trade that was almost entirely worry-free ;-))
Nok's next earning's October 17th (eps=16c) , and TXN's will
be Oct 21rst (eps=10c *unconfirmed) |
