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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: Softechie who wrote (29689)6/27/2001 9:10:10 PM
From: Paul A  Read Replies (1) | Respond to of 37746
 
I like that post.. I sat here last week throwing my hands in the air, took some time away, only to come back and see that for some untold reason- semiconductor stocks are the 'thing' and nothing can put a dent in their over inflated piggish price tags..

why? can someone answer that for me?

Is it possible that the short interest having reached such a level is whats actually sustaining these valuations as the shorts stumble over each other?

My trigger finger is getting itchy.. the fed 'thing' is done for now, so id like to make some moves again.. but same problem as last week- what to do?

I covered all my CCMP yesterday at 54, only because im so tired of the emotional roller coaster ive been on with these monsters.. Typically a break to that level would have meant easy break under 50.. but instead it moves right back over support.. Same with AMAT, same with INTC..

MU has some things to say in the next few days.. letsee how far they can pump this one up.. MU is by far the biggest slug on my list.. total trash that just so happens to be in just about every mutual funds portfolio, and they just wont let go...

This is the best year I have had in the market since I started what seems to be ages ago.. its also the most difficult and its aging me real fast.. Gonna have to spark up another one just to stay sane : )