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Technology Stocks : IDTI - an IC Play on Growth Markets -- Ignore unavailable to you. Want to Upgrade?


To: Rob S. who wrote (11323)2/1/2002 11:22:40 AM
From: Taut Knot  Read Replies (2) | Respond to of 11555
 
I like to trade IDTI. I like both of the recent opinions on this thread about IDTI. It bounced along like this in 96 before it screamed way out there! I recommend (and do it) building large positions from the lows and then selling a portion at the highs of the trading range. 24-30 this week as an example. Buy 200, sell 180. Sooner or later (nice vague timing, eh?), IDTI will break in a direction. If there are no bad things happening (big picture) , it should be an upward bias, right. If it goes down, well, lower cost average means less lost.

I do not use this system with my other traders, LSI and ET, well, cause I don't want to be saddled with them in a downturn. LSI is drifty as a stock and needs to be reinvigorated, but it may float up with other semis in a boom cycle.