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 : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Bob who wrote (5042)	1/9/2001 10:05:10 PM
From: Paul A	Read Replies (2) \| Respond to of 19633

Its funny because when I first started trading, someone told me that the tape tells the whole story.. now adays tho its impossible to use the tape as a guide to wether the FA is telling the whole story or if theres a surprise around the corner.. I think with stocks like SSTI and SNDK tho, they are priced for complete failure, recession, glut, etc etc.. I just have this feeling that downward revisions from the companies is pending but no such luck.. I may just jump in on the next leg down if we get one tomorrow or friday.. The recent drop in memory prices (this week) has sparked a huge wave of buying from what im hearing.. I still like all the semi stocks but I just cant seem to feel comfortable holding anything for more than 2-3 days tops which really stinks because Im too emotional for quick in/out trading.. Ill probably pick up a bit of INTC with a stop at 29.. Kumar was saying Intel will probably drop to the low 20s, but the support at 30 goes beyond anything ive seen in years.. like a brick wall (famous last words!) err-actually with Intel I may just do a buy stop around 33 3/4 or so- chart looks sorta ify like everything else out there :) Do you like any other semis? Would be interested in hearing what your watching..