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 : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: j g cordes who wrote (31020)	3/10/2001 2:56:43 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 67816

Jim, I have to admit the man on the street is discouraged, but I think the fund managers are not. I talked to my broker yesterday who call up a high tech fund manager who was down only 25 percent for the year (so his loss are less than most). The fund manager still see a few billion dollars on the side lines from venture capitalist and he himself is sitting on 700 million dollars in cash for his fund and has more coming in. The manager see lots of selling, but little on the buy side so stock keep falling. Amazing fact, the news said 3.6 trillion dollar has been lost in valuation since the market high last year. >>Havent seen the p/c ratios or looked at vix readings, but >>in terms of optimists offering resignation, I haven't >>seen this for many years. EPC is 0.76, so we are oversold, but the the TIC on the COMPX has not been that negative. We only briefly touch -1000 yesterday. What type of time frame are you looking for these trades to unfold under? The perception of leading edge technology in sectors with great potential is a different thing from companies that have long term staying power. Both a group of stocks are worth trading, but only the second are worth investing in. Though I am not up to date on the sector, I put the storage sector in the first category (BRCD, MCDT ...). For example, AVNX will been introducing its power mux product in the next 2 Q's. It is technology necessary for OC768, but this company is still not profitable. I am not sure how much respect that type of company gets in this environment. I think companies with potential with acutal earnings ,no matter how small might have a better chance of gains if the rally is only a brief counter rally as opposed to a market bottom. ADCT, AFCI and ADTN are worth a look if the emphasis shifts to the last mile as carrier concentrate on connecting business customers to their exchanges. It is hard to determine when the perception changes. There is less a clear technolgy advantage as opposed to a larger opportunity if that part of the market picks up. The problem with these 3 companies is unlike TLAB, TXCC and AMCC they has still not stated their revised estimates for the Q. I will look at other ones later if I have time , I am stuck at work this weekend. It is fiscal year end so projects need to be closed on time.

To: j g cordes who wrote (31020)	3/11/2001 8:38:35 AM
From: IA	Read Replies (1) \| Respond to of 67816

Hi Jim, "I'd like to combine that with companies others here like to portfolio a TAnalysis for Shorts and Longs list, to track against averages. Please feel free to post some ideas before Sunday evening." Are you looking for just Tech ideas ? Lately the only luck I've been having has been in small cap, illiquid non-tech stocks. I've also been trading bonds a lot lately, and am doing some research on convertible bonds that are available on companies I like. Let me know if you're interested and I'll post some of the things I'm looking at. Inder

To: j g cordes who wrote (31020)	3/11/2001 7:18:16 PM
From: dlu	Read Replies (1) \| Respond to of 67816

j g ... I have been in and out of USON a few times and done well... if it retreats back to the 7-8 area I might be a buyer again. OCLR is looking poised to continue upward... on the other hand, the volume, though higher than normal lately, isn't too appealing. I might be a buyer of RDRT if it comes down again. I don't believe it will fill that breakaway gap but I am watching it for signs of weakness. TC2000 has a watch list entitled "Where the big money is flowing". I picked up some UDI back in January after seeing it listed there and checking out the company. It was not a big mover but continued a daily uptrend from gradual accumulation over a 2 month time frame. I find this watch list particularly interesting to monitor.... JMO but when something is under constant, quiet accumulation like UDI was in a poor market, it struck me that someone knew they were in talks to be acquired. dlu

To: j g cordes who wrote (31020)	3/11/2001 10:43:17 PM
From: dppl	Read Replies (1) \| Respond to of 67816

Hi Jim, I agree broadly with what you say. There is doom and gloom everywhere and no one seems to be taking on board the positive news in the latest employment figures and the fed's buoyancy. They're just spoiling over a lack of interest rate cuts. Some stocks are really getting oversold here. It's sort of hard picking winners in such oversold conditions because there has been so little bounce from any of them lately but GLW looks okay, watch AMD maybe INTC.. can't figure out RBAK or BRCD right now but sooner or later they'll need to unwind to the upside. best thomas dppl