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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Bosco who wrote (7018)11/1/2000 10:27:47 AM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
Bosco, I am really not impressed with DIOD. Sure they had a good recent stretch, but being in discrete device is like being Charlie Brown, there is no problem so big you cannot run away from. Eventually, most applications are consolidated into IC. The costs are too high to be part of mass consumer products. I would not venture into these waters.

Zeev



To: Bosco who wrote (7018)11/1/2000 10:32:17 AM
From: Logain Ablar  Read Replies (1) | Respond to of 30051
 
Hi Bosco:

On RMBS just remember most stocks have a tendency to trade lower between 11 and 2. If they don't it shows the underlying strength / accumulation.

On BVSN - still holding. Not sure how I'm going to play the S&P 500 inclusion this week (I may sell out @ the eod Friday) but next resistance is @ $34 and $41. If it is able to print $35 on volume I may hold past this week. Closing above $35 for two days would be quite positive.

On SSTI - It needs a print of $25 to go from neutral to positive.

Yesterday's actions only partially healed technical damage. Need to see how money flows into market late this afternoon.

Tim