SI
SI
discoversearch

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.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (80765)12/5/2000 10:48:28 AM
From: ItsAllCyclical  Read Replies (1) | Respond to of 95453
 
Techs starting to ignore bad news. LSI warned today and is still trading higher. Election uncertainties may be over soon and the Fed is likely to adopt a neutral bias at the next meeting. Picked up some LU and WCOM near the open. I'm not crazy about holding during what's traditionally Q4 warning season, but both LU and WCOM seem to be pretty beaten down already. Hoping to play a 3-5 pt bounce in each NT.

Fundamentally techs can get cheaper, but I'm betting between cash levels being high and short covering we could have a nice short term bounce in tech bellweathers.

Have not bought back any oil stocks yet. From a trading standpoint I'm liking selective tech better.