Semi Equipment Analysis 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.

Technology Stocks : Semi Equipment Analysis

SOXX 306.04

0.0%

Dec 26 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Return to Sender who wrote (9615)	4/29/2003 9:37:51 AM
From: The Ox	Read Replies (1) of 95640

Hi RtS, Would you short something in this market if the SOX reached 393 again? Sure. My point is more of a "bias" in your trading stance. When the trend is up, don't keep the same approach that you would have used during last summer+early fall downward spiral. Certainly, there are many days where the market is going to fall and fall hard, where being short would be very profitable. Especially if you are willing to go short at the end of a very big up day...and are ready to be "wrong" the next morning if the market continues north. For perspective, I don't day trade that much, I'm much more of a position trader. Since that is my approach to 90% of my trades, I tend to use the "big picture" and intermediate trends to assist me in my bias. I hope this helps add some color to my previous post. We could be setting up for another very nice shorting opportunity on the SOX but I feel more comfortable with the bullish bias at this point in time. From a very long term perspective, I wouldn't mind seeing some sideways movement here to keep both the bulls and bears on their heals. mh

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next