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.
Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (4365)3/28/2001 11:00:54 AM
From: martin001  Respond to of 52237
 
Re: SOX

I have been watching the trading closely in some
Semis and while the index shows some strength the trading
in the individual issues paints a weaker picture.
Take for example AMAT - first thing today it was run up
hard buy moving the bid up via large Instinet orders.
These disappeared each time they failed to push the
price up. Then would reappear as selling subsided.

I see this repeated in other Semis over the last few days
It smells of distribution to me. And frankly an attempt
to show more strength than there actually is.

ALso this MU MUEI business is strange. They keep postponing
the earnings. Whats up with that? If they release on Thursday evening and it is weak than a strong case could
be made that the Sox was being supported to distribute
to new bagholders. Hows that for a conspiracy?? LOL

We shall see. But I find it incredible that the SOX is
not being sold.

M



To: donald sew who wrote (4365)3/28/2001 11:01:59 AM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
Thanks, Don. I'm actually hoping for a big sell-off after passing up AXP and C at pretty good prices last week. They appear to have sailed along with the yield curve, however. And the techs I'd like to own the most (JNPR and CIEN) still need to fall further to get me to buy. A frustrating zone in here; the stuff I'd like to own is too pricey still. If there are others out there feeling like me, buyers should come in at higher levels this time.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News