Silicon Investor (SI) -- The First Internet Community

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.

Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: kmanster00 who wrote (32840)	8/4/2000 7:06:42 AM
From: LTK007	Respond to of 56535

a quote from your link kmanster <Toronto, ONT, August 3 /SHfn -- Over the past week, I have been somewhat medium-term bullish on the Philadelphia Semiconductor Index (SOX) at these levels. I believe that we may have seen the lows for this wave down. But a compelling case can be made for a negative outlook. The longer-term momentum behind the SOX affords the luxury of erring on the side bullishness but only to a point. The past few days, however, indicate that the boom/bust cycle in the chips may be rearing its ugly head again and, in fact, this short-term bounce that I have expected may turn out to be just that, with new lows coming well below current levels. > if the employment number is good today,i am thinking of making one heavy buy-side daytrade---i might pull this from the semi sector,as a bouce should happen today--but longterm i will being considering going long on puts,on some specific semis.pax,max