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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: sjemmeri who wrote (19131)	4/22/2004 10:12:19 PM
From: jeffbas	Read Replies (1) \| Respond to of 78752

Steven (and Paul, whom I recall also owns it), I'd buy SEMI back if you get a pullback. In the 15 years I have followed the company I have never seen Goldberg so bullish in print. I think they do at least 30 cents next quarter, with $10-15 now likely. Note the last part of this post: finance.messages.yahoo.com The stock is overbought short term, in my opinion.

To: sjemmeri who wrote (19131)	4/24/2004 11:21:06 AM
From: Steve168	Read Replies (2) \| Respond to of 78752

You guys are doing much better than me in Q1. It looked like I got bearish too early or even completely wrong on this one, I have sold most stocks and with 70% cash, started to short stocks and buying puts, bought QQQ May 39 puts yesterday around $2, maybe too early again, but I plan to buy June puts later if the model still give me the bearish signal. Everyone is feeling good about the economy and earnings, yet my technical model continue to tell me we are approaching a serious sell-off, this model is purely technical, based on market data, has nothing to do with my "gut feeling", and worked pretty well in the past couple years. I guess the model is saying that all the good news are already priced in. It will need about 1-3 weeks and hopefully some very positive news (such as capture of Osama?) to test and trigger a final confirmation of a 15-25% sell-off, we shall see... Steve Often wrong but never in doubt.