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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (29052)9/19/2002 4:15:22 PM
From: Ditchdigger  Read Replies (2) | Respond to of 29382
 
Yikes, this market is getting brutal..found myself on the wrong side of the railroad tracks today<g>...Did buy more atml though, probably regret it, we'll see. Christmas demand should help the semis one would think, but it appears no one wants to own much of anything..semi book to bill wasn't as bad as many expected, but the trend still appears down to flat..but I can remember just a few years ago when the shares I own now would have cost me $100K+ <g>
ATML held well today..



To: Sergio H who wrote (29052)9/19/2002 5:38:08 PM
From: LAWRENCE C.  Respond to of 29382
 
Sergio, a lower trade deficit is good news and certainly helps. However it may not be enough. Housing related stocks have peaked. Auto sales have been strong but profit margins are down. Financial stocks have been under pressure.
Gold stocks have been strong as a group. Sold FCX and VTSS since they closed below my paper trailing stops. Covered my SEBL short today @ 7.91 since it gapped down.
Holding ASA (gold).
RTK had a over 300% of average volume alert on Quicken today. The volume has been increasing over the pass week.
Price is up from .52 a week ago to .55 today. It closed flat today.
quicken.com