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


To: Johnny Canuck who wrote (35724)12/31/2001 9:45:59 AM
From: Return to Sender  Read Replies (1) | Respond to of 67759
 
Harry as I read the chart for the SOX and AMAT as well the current trend has been up. That could change but I think AMAT has a few more points up. Time will tell. I'm staying away from the EMS stocks for now. FLEX at the right buy point might entice me back in. Fundamentally all the semiconductors are at least fairly valued:

From Briefing.com: 7:56AM Goldman On Semis : Goldman Sachs believes that Nov. semi orders and shipments reported Friday confirmed current seasonal strength, but also hint that the recovery will be slow and OEM customers cautious. Calls Nov. order number a bit disappointing, down 20% from Oct. with the book-to-bill dipping below 1.0 again, requiring a well-above average Dec to hold Q4 orders flat with Q3. Firm remains bullish on the sector, but believes a recovery already has been priced into the stks.



To: Johnny Canuck who wrote (35724)12/31/2001 12:43:42 PM
From: mattie  Respond to of 67759
 
Does anyone follow IMMR? Great looking chart and interesting products.



To: Johnny Canuck who wrote (35724)12/31/2001 1:52:34 PM
From: mattie  Read Replies (1) | Respond to of 67759
 
Check out this new thread

Message 16846649

Larry didn't like me writing about stocks on his thread so he started it....could be a good way to track stock trading ideas.



To: Johnny Canuck who wrote (35724)1/2/2002 10:04:16 PM
From: Return to Sender  Read Replies (2) | Respond to of 67759
 
Harry on AMAT I'm curious at what point you would be considering it a good short position.

stockcharts.com[h,a]daclyyay[pb50!b200!d20,2][vc60][iUb14!La12,26,9!Lk14]

It's difficult for any stock or index to continue climbing when the future is still such an unknown commodity. The SOX was just one strong index today in technology and that may not last. Typically we have seen enough earnings warnings to keep a lid on any upward momentum for the NASDAQ until actual earnings begin being released in large enough numbers to take the limelight.

If the SOX continues higher this next two weeks though we could be in for a real breakout. We definitely need more volume before any real conclusions can be drawn.