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.

Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: GREENLAW4-7 who wrote (19421)	4/16/2003 7:26:29 AM
From: chowder	Read Replies (3) \| Respond to of 23153

Greenie, The OSX continues to be in the same tight trading range it's been in for the last few months. Nothing has changed. I don't have any positions in the OSX currently and I don't know when I'll take any on. Due to the tightness of the trading range and the fact that the OSX trades in and around major moving averages, I'm not interested in shorting them either. This doesn't mean those who play the OSX won't make money. I prefer to play the easier trades. In addition to RAD and PVN, my recent buys have been in AMD, CMCSA and CC. The easy money, in my opinion. I've been playing the game of buying support and selling resistance until I see a break out on huge volume which is what I've been seeing in other sectors. When the OSX breaks out of its current trading ranges, I'll take another look. Opportunity risk is another risk I look to manage. Tying up funds in a dead money scenario deprives one from taking advantage of other opportunities. The OSX has been dead money for a while now. dabum