Hi Judy,
Yup, I'm one of them, Cisco been berry berry good to me. But just to prove that I am not completely blinded by Cisco's light; yeah, Bay's chart looks good.....but that's as far as I will go.:-)
I have calls on MOT, AMAT and MU, all in the money and at least 3 months out, so I am not too worried. Hell AMAT only dropped 1/16th, one strong day and it will recover. MOT had a three box reversal, but that was after a pretty nice runup. I think its just catching its breath before it heads back up.
Looked at CYMI and WFR as well. CYMI had a nice breakout and stopped at the bearish resistance line, where it pulled back a little. A move to 22 would be a pretty strong buy signal. WFR had a nice triangle with an upside breakout, 19.5 would break a double top.
Looks like it might be a good idea to wait for a little pullback before getting into KLIC at this time (concur?).
On an AOL note: I allow myself one emotional trade per month. I couldn't hold back any longer and bought puts today when it hit 115.
Thanks for the input,
Tom |
