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: dawgfan2000 who wrote (5723)4/12/2001 12:57:10 PM
From: donald sew  Read Replies (1) | Respond to of 52237
 
Dawgfan,

Yep, and just closed our website option trade, the JAN 03 25 calls at 20.90(latest quote at the time of my notice on our website).



To: dawgfan2000 who wrote (5723)4/12/2001 6:27:44 PM
From: Jacob Snyder  Read Replies (2) | Respond to of 52237
 
Lots of semis and semi-equips closed just below strong resistance levels today:

AMAT, resistance at 50-52
NVLS, 48
KLAC, 47
TXN, 36
plus the ones you mentioned.

There are two possibilities here:
1. all those stocks break above resistance, and we get a huge bear rally, SOX goes to 750, or
2. everything stalls, and we go on to new lows.

The next 1 or 2 trading days will decide. FWIW, I bought NVLS puts at the close today. If TXN doesn't close above 36 on Monday, I'll take profits on my calls.