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 : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (21523)	7/26/2004 6:06:57 PM
From: bob zagorin	Read Replies (2) \| Respond to of 57684

responsding to both wm and lizzie sorry didn't mean to blame anindo just to highlight a difference in investing style. anindo mentioned cutting losses as part of his technique and i agree thats pretty important with momentum. it takes a lot of discipline and willingness to take a loss (which i have a hard time doing). another way is to use channels such as bollinger bands and trim your position if it has been outside the channel as soon as it drops back into the band... as for cramer and his goog call, i have to admit i went long the QQQs in late june based in part on cramer forecasting a rally after 6/30. i took a loss on that trade for sure but at least got out without major damage. as for tech up here, it's mixed. hynix (hyundai-chips) is showing a profit again after big losses; you all know about intel; symc has pretty much outsourced all of its help desk and those local outsourcers have again outsourced that out of the country; sony had a beautiful new plant for producing cds but that's shut down and they're gone along with all the jobs at the attendant packaging plant; psc scanning has merged into a larger co. but seems to be doing o.k.; hp had big cutbacks a few years ago but seems to have stabilized... one interesting tech co, up here is molecular designs which makes tiny gene chip components. they were bought out by invitrogen IVGN and seem to be doing quite well... btw, all you lizzie critics. she was telling us the tech market was crummy months and months ago based on her first hand experience well before the market crashed. this economy can't go by adding low level trickle down service jobs based on upper class tax cuts. we have lots of work to do as a nation; trickle down won't get it done....