Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: Dave Gore who wrote (655)	1/10/2002 12:49:14 PM
From: Dave Gore	Respond to of 16631

TECH UPDATE: 12:50pm EST) - SOX & DOW weakening, NAZ fairly steady at about -7. Sold CRUS, btw. VTSS, another I like, is struggling to stay above 14. I want CNXT if it retests and holds $13 (recent low.) But these all depend on a SOX rally. AMAT, XLNX, QLGC are all wonderful companies (and quality traders or short term holders) that could be interesting if we got a significant pullack and rebuidling of a SOX rally. It may be awhile though now, maybe next week with good earnings news. Next week will also be options expiration and so will likely be way more volatile. All in all, not many techs or semis are strong. CRUS, the real winner percentage up about 20-22% the last 44 hours may even pullback if it can't break or close through $17. I, in fact, have taken my 2.6 points and split for now. I could have held but odds are it will pullback now with the SOX.