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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: drsvelte who wrote (23946)10/12/1999 2:41:00 PM
From: shasta23  Respond to of 68173
 
You might be right...that's what i was hoping for too but i should've been more patient and wait for a retest of the lows in RFMD. That would've been a good entry.But so far no clear sign of bounce and it's just a low volume grinding down! Nerve racking.

take care!

STefan

p.s. any comments on the semis. You were very bullish on them but NVLS didn't do it? Delayed reaction still coming?



To: drsvelte who wrote (23946)10/13/1999 12:45:00 AM
From: shasta23  Read Replies (2) | Respond to of 68173
 
Hi DOC!

Just flipping through my charts without real plan how to deal with tomorrow's threatening sell-off. Asked about that CLint once said you need to be clear what's coming. If it's just a shakeout you wait until the dust settles and then go long. If you feel it's a severe sell-off then just short everything possible. That's how i remember it. Well, TXCC looked like a short candidate if 48 breaks...i was getting ready for that but checked also earnings date and that's tomorrow and just wanted to let you know about that in case your still long since it might influence decisions.

Stefan