Idea Of The Day Message Board

STOCKTALK

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.

Politics : Idea Of The Day

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: IQBAL LATIF who wrote (18849)	7/9/1998 3:05:00 AM
From: IQBAL LATIF	Read Replies (4) of 50167

Last month on break of 1130 on SPU I wrote that this move has a potential of a 50 point we are right now around that level-- I think we will see that 1180 level but I see a good possibility of some profit taking. On composite I will like to move the support a bit higher to 1921 and will like to keep an eye on any problems by keeping a close eye on PSE also. The global indexec except Russia are not at the moment showing any problems. I think ALTR 40 calls for Jan, LSCC 35 for Oct and MCHP 35 for six months out can be good, I also like prospects of adaptec and LSI LRCX-- WDC is a good buy at 12-13 area. All these are long term play but in my opinion these will benefit a lot from semis turnaround. I have closed my IIX positions because the index affect was neutralised by moves in ASND and COMS even I found GIN not good enough as hedge for intrnets exuberance for me the best strategy would be to let them run today and add some puts on individual stocks at an opportune somewhere around old highs but AOL should be left alone rather it is one stock to buy at dips.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next