SI
SI
discoversearch

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 : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 61.79-12.3%Jan 30 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Runomo™ who wrote (9895)7/13/2003 9:45:19 PM
From: robert b furman  Read Replies (1) of 208176
 
Hi Mo,

Although Many stocks have high and what could be construed as oversold fast stochastics - what is very much below the horizon and also very unusual is:

Macd on MANY stocks have gone negative and are JUST on the verge of going POSITIVE.

This is the stuff we see in very healthy markets.It is the kind of action that suggests some short covering pain - as this market has crept sideways ,but the bids never really crumbled.

If the shorts think they've weathered a rough storm here - wait till Intc says Q2 picked up in June and like they said way back last January- "We told the second half would pick up".Last Q they bumped flash memory prices,AMD snuck in and discounted their prices and gained market share.Motorola had a good Q2 ( domestic phones with less SARS troubles?),MU has had increasing Dram spot prices just recently.If Intel announces better than expected earnings - brought on by high Centrino demand and higher Flash prices holding,This market will newter many a short.

Intel comes out after the close Tuesday.Intel is definitely a big enough Gorilla to get this market going for sure and all they would have to say is "Like we already told you - the second half looks good".

I'm in your camp - looking good here - just need a little dip to buy.GG

PULLEASE GIVE ME A DIP

Bob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News