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To: Voltaire who wrote (24408)7/5/2000 10:08:55 AM
From: lucurgus  Respond to of 35685
 
Voltaire,

I agree. The Houses used a downgrade of the hottest sector (semiconductors) to get shares in the cheap.
These next two weeks are critical for the market. Remember back in April, when the tech market tanked counterintuitivly during earnings season? I hope this does not happen again.
Earnings better be good or we could be in for another brutal August.
Go RMBS!!!



To: Voltaire who wrote (24408)7/5/2000 10:10:06 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 35685
 
the Intel run over last couple weeks was overdone imo
Naz turned around somewhat here, not much though

Volt, any gut impression on whether tech smaller caps will outperform in next 2-4 weeks?

I tend to think with Fed almost off our backs, that smaller caps will easily rise and run

e.g. JDSU might run from 125 here to 140
but LPTHA might run from 40 to 55

I see a nice bull triangle on SSTI, which must not see a close under 88-90 now... possible triangle target of 145

I see a nice bull triangle on LPTHA, crowding right NOW in the 40 corner... must not go back in mid-30's... could break out any day... possible triangle target of 60

I like small caps... what do you think?
/ Jim



To: Voltaire who wrote (24408)7/5/2000 10:55:50 AM
From: bonnuss_in_austin  Read Replies (1) | Respond to of 35685
 
Volt et al: re BMCS/sector:

Does anybody here follow this sector at all?

Reason I mention is that about two-three years ago, I traded BMCS three times "swing method" ... and at least two of those times were very similar to today's windfall (to the downside) action ...

Was good for 15 points over periods ranging from a couple of weeks to two months. Which was all I wanted out of it.

(An anecdote: The second time I bought it: I had full-serv broker at time; it dropped 13 points one morning on a Gold/Sack [sic] downgrade. Got Eddie (broker) on phone and said, "I wanna do it again, Eddie." He was horrified; explained to me that these people at Goldman Sachs were not idiots. <LOL> I told him I don't give a damn who they are, I want to buy it today. Had to INSIST. Bot @ $39 and about six weeks later, as I recall, sold @ $55).

ANYBODY ELSE INTERESTED IN BMCS??????????

TIA ...

(EDIT: If this posts twice, I'm sorry ... unintentional ... getting "network problems/reconnect" error msg crap from Uncle Bill (Gates)

b-i-a
###



To: Voltaire who wrote (24408)7/5/2000 10:04:13 PM
From: azluke  Respond to of 35685
 
Voltaire - QCOM time capsule?
Lots of people bailing on QCOM right now. What does this time capsule hold for QCOM as we approach earnings? The 50's were once unthinkable, they are now a reality. Do you still hold your Jan leaps and gamblers calls?
What about SNDK?

Arizona Luke



To: Voltaire who wrote (24408)7/6/2000 12:20:29 PM
From: im a survivor  Read Replies (3) | Respond to of 35685
 
Tom,

Where ya been.

Your last postv stated you were bidding for rnwk, elon......well, surely you got some of both.

Unfortunately, so did I.

This market is just pathetic. Everything I touch, turns to $hit.

Everybody calls for run on SNDK. I buy. It gets crushed. Everybody calls for run on elon. I buy. It gets crushed. Big run on rnwk upcoming. I buy. It plummets.

I could go on and on, but all thats gonna do is make me throw up in my trash can.

This first half a year has been an absolute disaster. I still dont understand how. I am getting killed with quality stocks. I am buying when folks much smarter then I, say it's time to buy, yet my ass is getting put thru the grinder. I just can't win for losing.

I've been thru corrections......downturns in the market. But I have never experienced anything quite as ugly as this. The scary thing is...isn't this supposed to be run to earnings??? Then a rough Aug/Sept?? Sheez, I am getting creamed during this "run to earnings"...just like I got creamed in the last one. What happens in the fall? Does everything I own go under $10?

Simply pathetic



To: Voltaire who wrote (24408)7/6/2000 4:39:35 PM
From: CAtechTrader  Read Replies (8) | Respond to of 35685
 
Volts...what is your take on QCOM psychology?...I think it has hit a new low yet the price will no longer drop...PM me if you would like my basis for this.