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: Lachesis Atropos who wrote (37506)7/8/2002 2:40:20 AM
From: Johnny Canuck  Respond to of 69021
 
Have you looked at the SPY, DIA and QQQ instead? The mirror the movement of the indices. The index futures require a larger commitment in capital. Tom Trader used to trade the futures. Each contract was $10,000 if I remember right. I am not sure what the mini are in value.



To: Lachesis Atropos who wrote (37506)7/8/2002 3:29:05 AM
From: Johnny Canuck  Read Replies (2) | Respond to of 69021
 
Lawrence,

You're thinking on the opticals might be right, just a little too soon.

Of those mentioned I only like CIEN and TLAB.

AVNX has spent some money, so I will have to check them out again.

JNPR is another good choice.

I still have reservations about the timing of the article though. I don't see an uptick in end user demand. 60 percent of people still access the net through phone lines. I even still fall in that category. Till that changes the growth of an optical back bone and last mile will be limited.

As it stands now 4 billion in cap ex spending from WCOM may have just evaporated. Q is in a similar spot.

***********************

21:43 ET Technology Trader column mentions bullish optical component view. The Barron's column discusses the views of a Bernstein analyst who believes that rising latency on telecom networks is a precursor to a pick-up in capital spending; mentions JDSU, AGR.A, and GLW.

21:22 ET Barron's puts positive spin on optical sector
A Barron's article makes the positive case for the telecom equipment sector, focussing on cash-rich companies that will be able to ride out the downturn: Lucent (LU), Nortel (NT), Comverse (CMVT), Tellabs (TLAB), and Ciena (CIEN).



To: Lachesis Atropos who wrote (37506)7/8/2002 9:17:10 AM
From: j g cordes  Respond to of 69021
 
Lawrence, index futures have unlimited risk vs options which limit risk to your buy in cost. Cash is king, and should be until you've found a revenue stream..

Just a side comment.. I've taken a course on futures trading and sat in a class of about thirty people all who drove late model exotic cars; now most are driving very very late model cars that aren't very exotic (the most popular being mid 80's Volvos). Are index futures dangerous.. yes. The most common "error" in trading is not having an absolute get out stop loss and believing that futures were more available to technical analysis. The only way to play futures is with someone else's money.. like the big boys do.