Guidance and Visibility Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Guidance and Visibility

AAPL 271.29

+0.6%

Oct 30 3:59 PM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: 2MAR$ who started this subject	11/10/2002 3:03:52 AM
From: SirRealist	Read Replies (2) of 208838

If the market opens flat and rises Monday, fine. The last few minutes Friday suggest we dip further Monday, leaving 1320, and 1293 as the next possible bounce points. A five day selloff post-election would not be historically unusual and with about 80% of semis above the 50 ema it should be obvious where the best shorts are. AMAT already cleared its August peak, so it's not likely to set new lows, but reporting Wed AH, it kinda sets a tone for the sector. As bloated as that fattie is, I figger it has an easy 2 points down sometime this week. I much prefer the odds on BRKS here at 14.46 because a pullback to 12-13 would be choice. Wed the 20th, it reports in AH and I think it'll be hitting 17.50-18.50 by then. And MRVL, reporting a day later, has good support points within the 14.75-16 range, with very good odds of seeing 21-23 by the time it reports.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next