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

To: j g cordes who wrote (36869)	4/30/2002 2:58:59 AM
From: Johnny Canuck	Respond to of 68228

QCOM looks broken. It has formed two lower lows since the Sept low (38). Reduced handset shipmemt for the full year will weigh on the stock. INTC looking to break down out of its range. I think the guidance for next Q was so so as far as I can remember. EMLX looks the strongest. Strong support at 25. If Tim's CC notes are any indication it looks good going forward due to the new product cycle. Not sure I would touch PSFT. The gap down recent has not been filled. Software has been weak lately due to the weak guidance from MSFT. Same thing for ORCL. MANU looks to be basing here. No reaction during the sell off today. My outdates guidance list out a week out of day, but I would start there. Message 17335753 MCHP has been traditional strong the last few Q's. CYMI still in an up trend. GYMB for retail. BRCD as a related play to EMLX. Forming a bit of local base. GNSS reporting decent earnings after close. Note: QCOM and NOK taking down TXN and PWAV despite improve forward guidance.

To: j g cordes who wrote (36869)	4/30/2002 3:14:15 AM
From: Johnny Canuck	Respond to of 68228

SHOO has a nice chart and business model if you can get it at a discount. It is a young women's shoe manufacturer with a just in time manufacturer and supply management model. askresearch.com I am keeping it light. The lack of volume today means a lot of shorts have not thrown in the towel and similar longs see not reason to get in.