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


To: Johnny Canuck who wrote (36126)2/8/2002 4:53:00 PM
From: Suresh  Read Replies (2) | Respond to of 68426
 
Hi Harry,

strange but true... MSFT might see weakness in its business but intel and amd are going to do quite well this year.

I am trading TYC and ELN a lot. When they give me more than 20% profit in a day, I usually book them. However most of my long term TYC holding gain has vanished because of the current drop. So, I am making up for those misses using current TYC trading opportunities. Overall I am enjoying the current TYC volatility. I can tolerate and trade around the volatility since I am comfortable with TYC fundamentals IMHO.

BTW, CREE at this level is a steal and so is GNSS, SYMC etc. GNSS will be the next NVDA.

Semiequipment companies are being distributed by big boys very well. Based on fundamentals I like LRCX (< 20) and KLAC (around 40) but will short the heck out of NVLS at any price.




Later,

Suresh