***OT***TI2, I just do not like shorting, and furthermore, I do not see the down side potential in the capex as particularly big.
As for chips, I like INTC on a drop to the 87/88 area or on a breakout to a new high (around 95), similarly, TXN, I think will have some surprises. I also like QLGC in mid 80', RMBS (too tough to decide a range, some here and you could see it again in mid 50, but here I would use some "rational" stops). The change in management of SIII, I think is going to turn it bullish, I am planning reentry soon, I'd like to see how it handles the recent gap closing, if it does. There are plenty of others. I am looking at entering back, since I just got out (vertigo got to me), but I may have to pay the piper (not the first time). Oh, I also like AMD, for a change, low twenties were it is now, I think is not bad.
Zeev |
