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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Ken W who wrote (23769)2/9/2001 11:52:21 AM
From: JoeinIowa  Read Replies (1) | Respond to of 29382
 
Ken,

I think you can trade ISSI but you know the Semis are going to have a down quarter. If all these companies are lowering sales projections that means they need less parts. I'm sure that ripple is being felt in the Semis ordering right now. ISSI has held up better than it should. I probably will try to cover if it would dip a little more. Look at the 50 DMA. Thats were I bought earlier in the week.

Joe



To: Ken W who wrote (23769)2/9/2001 1:07:23 PM
From: Jibacoa  Read Replies (1) | Respond to of 29382
 
PCOM: The recent larger volumes (3,562,500 and 2,755,600 on Dec.27 and Jan.18 respectively) were on the upside, but it has a temporary double top at the 5.68 level from the intra-day Hs of Jan.19 & Jan.24 and has been on a near term down trend since then.

I guess the thing to watch is if it will hold at the support level of 2 7/8 to 3. Unless the market condition deteriorates further it is unlikely that it will fill the up gap at 2 1/4 after the Dec. 21 & 26 double bottom at 1.54

Bernard