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 : Roger's 1997 Short Picks

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jon Tara who wrote (6163)10/28/1997 1:44:00 AM
From: Jon Tara  Read Replies (1) of 9285
 
Interesting stocks, semiconductor equipment sector

This sector has the largest number of stocks in the desirable area (for shorting) between the 50 and 200ma. It is also known for having a high "herd quotient". It is difficult for stocks in the sector to buck the sector's trend.

1. Stocks <50ma, and have moved 1/3 to 2/3 of the way toward the 200ma. (Numbers listed are apx. where the 200ma is right now) Consider for immediate short.

I've added a * to those stocks that are closest to the exact chart I am looking for. I'd say that SMTC is my single best short idea for following this technique.

AEIS 17
ATRM 18 1/2
ASEC 1 3/4 (3/4 of the way to 200ma)
*ASMLF 60
ASYT 15
BTUI (just broke 50ma)
CPRB 15 3/4 hit 200ma today, bounced
*COHU 35
CYBE 20
*ESIO 39
*ESL 32 1/2
FEIC 14 (just broke 50ma)
GEN 21 1/2 (1/4 of the way toward 200ma)
*MICN 19
NANO 8 (almost to 200ma)
PTIS 6 3/4 (1/4 of the way to 200ma)
UTEK 26 (near 200ma)
*SMTC 38

2. Stocks still above their 50ma. Consider long after a bounce or recovery.

ETN 95
REAL 14

3. Stocks that recently broke below their 200 ma. Just "interesting". Watch these for clues.

ADEX 27
AGAI 5 1/2
MASK 14 3/4 (just broke 200ma)
AMAT 34
BRKS 23 (just broke 200ma)
CGNX 27
CMOS 30 (just broke 200ma)
EGLS 24
ETEC 44
GSNX 15 1/2
HELX 44
IPEC 24
KLAC 53
KLIC 34
LRCX 42
PLAB 44
ROBV 13 1/2
SVGI 27
SFAM 40 (just broke 200ma)
TER 40 (just broke 200ma)
UNII 10 1/2 (just broke 200ma)
VECO 42
WJ 30
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext