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.
Technology Stocks : Semi Equipment Analysis
SOXX 297.50-2.6%Nov 6 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jacob Snyder who wrote (51376)3/7/2011 8:51:51 PM
From: Return to Sender1 Recommendation  Read Replies (2) of 95383
 
Seems kind of counterproductive to me to buy CSCO even as you short KLIC but I'll play along and ask a couple of questions.

First how long would you intend to hold CSCO if you buy it?

Second why buy CSCO as opposed to any number of stocks?

I was looking at CSCO for a bounce but now with the market decline there are numerous stocks that have not missed on earnings that may provide more bang for the buck if and when the market starts higher again.

Looks like we could see CSCO go below 18 fairly easily if the market continues to decline. Might be some support at around 17.93?



RtS

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