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


To: Johnny Canuck who wrote (34342)9/21/2001 3:45:22 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 70085
 
Semi Equip Book/Bill : The semiconductor equipment book/bill ratio fell to 0.61 in August from a revised 0.63 in July (originally 0.67); lower than most street estimates. Though the ratio fell, bookings were relatively flat, slipping to $742.2 mln from $761.4 mln.

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So does this mean that the dollar amount of chips shipped increased modestly also???



To: Johnny Canuck who wrote (34342)9/21/2001 12:13:22 PM
From: shasta23  Read Replies (1) | Respond to of 70085
 
Well, i guess catching the falling knife was wrong and that i didn't anticipated that amount of panic. EMC does not help either. Stopped out of EMLX for - 1 13/64=>10%. Not good in %age but small position.
The other positions are not holding up that well either unlike yesterday. As long as the hammer bottom from Wednesday held all the stocks were doing fine but now the panic is overwhelming it seems.
But i will hold onto my positions now and regret putting in a stop into EMLX because it's way above the level i was stopped out.

Stefan

p.s. just for the record: in a little over 2 weeks the NAZ sold now off >25%. Some of my coworkers still don't feel this as a "crash"...don't know what they are expecting.
Some of my colleague's IRA funds are down >75% now! Don't think that some of them will ever retire!