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hi all....been waiting for depressed "PSYCLE sm" base to form better on APM, and finally, this morning, added it to my long buy list, at 10+, with a close stop if it should break 10., for a pop towards 14- or so, initially....when/if it gets there, I will follow-up then.... you should know, my concept is 70 % long-existing, repeating technical patterns and 20 % sentiment patterns, and I have been VG with the "semis/techs" over the years, long and short at extremes, many given out on S.I, so my past output is worth considering....for instance, on S.I, I gave out, IPEC, RATL, KLIC, WDC, CYMI., ANET, KMAG, SWW, SGI., NWK, BXH, QSII, ISSI, KLAC, EFII, AAPL, CS, UTR, BMC, DGN, SKM, AMD, etc., right near their lows, for real, in advance, in writing, into the "asian scare" (I mostly like "neg. news" when I buy, dig ?), and had a few smaller losses, in, ALSC, PCTL, SPCT....close stops always ....anyway, I employ almost NO fundamentals....so, seems APM can pop, again, as a laggard in a group which has already had some real nice bounces off lows.... best wishes to all, |
