CSFB cuts estimates for semi equipment co's
23-Sep-02 09:20 ET
CSFB cuts 2003 capex forecast, estimates for semi equipment co's :
CSFB cuts ests for ACLS, AMAT, AMKR, ATMI, KLAC, KLIC, LRCX, NVLS, TER, and VSEA due to lowered 2003 capex forecast (to $26.0 bln from $33.2 bln).
When I looked at the MACD for these stocks, the following were clear, safe bets as SHORTs (as far as the MACD chart is concerned):
AMAT - 11.20, ATMI - 13.50, KLAC - 26.54, LRCX - 9.00, NVLS - 20.6, TER - 9.06 (I'm already short this from 13.36 a couple of weeks ago), VSEA - 15.2
BTW: I would short on Wednesday, during the post-fed meeting rally.
Dale - What do you think of the above possible SHORT selections?
You all be careful out there
Ray |
