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Technology Stocks : Full Disclosure Trading

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To: Jacob Snyder who wrote (11758)	9/24/2008 12:21:13 PM
From: The Ox	Read Replies (1) of 13403

OT I think using ASML as your trading stock is a great choice. We don't know where the bottom will be with ASML? I think it is one of the best companies around for the long term and if you trade it properly and hold some long when it starts to rebound, you will do very, very well. Just keep in mind that when the stock washed out in 2002/03 that the price was below $7/share! Picking off $0.50 here and $0.75+ there could be a solid strategy with ASML, even if it continues to follow the declining trend. EPS estimates are coming down fast for ASML, so be careful that you don't (stubbornly) lock yourself into high prices during the declining price trend. There is plenty of liquidity with ASML, so you can get in and get out relatively safely. Best of luck with your timing!! jmo TO

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