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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: Chip McVickar who wrote (22515)3/10/2006 1:44:51 PM
From: dvdw©  Read Replies (1) | Respond to of 207338
 
You said; However, time is still in effect and by the end of March what's bugg'n me should become evident.

Try the fact that the system needs inventory and they want it cheap. Taxpayers will be paying tax bills in April and this is generally a lic. to suppress price......beyond that, event risk on Iran is high.

The market is way undervalued in my view. Short interest is at record levels, gross supply of stock is declining.......trade systems have big buckets waiting for Event risks to materialize, everyone has the same goal....gather value on fear or need based selling, these are the two prevailing system metrics at work in the here and now.



To: Chip McVickar who wrote (22515)3/12/2006 6:47:50 PM
From: Runomo™  Respond to of 207338
 
Hi chip ,

Good to hear from ya...to be honest and to tell you the truth (G), I never played AMD at all but was happy for you to see it rocket up and retrace more than 88% of it's "bubble" rally so far, and being heavily invested in semis myself, I take some comfort to see stocks like AMD,MRVL,BRCM, NSM in the Sox index point the way for the rest of the dogs in my portfolio...afterall, I believe 2006 is the Chinese year of the dog :) the semis is one area in the market that has been held back by hook or by crook and I believe is a relatively good place for the patient investor imo... I mean look at the BTK index which is now within spittin distance from it's bubble ATH ! we still have no cure for bird's flu or cancer or aids or even the common cold...while the semi industry is the heart and soul of our modern economy without which the productivity gains of the past years wouldn't have been possible...

I think your market internal studies are right on target and support what I am seeing as well...I say bring on the bad news...the more bad news the quicker we go back up to ATH on the SPX...and just looking at that weekly chart and applying the keep it real simple method, one clearly sees the breakout on that immense inverse head and shoulder basing formation with the ATH as the technical measuring objective with a couple of successful tests of the breakout area from above to boot!...and when you couple this with the primary market cumulative A/D line advancing nonstop into ATH territory month after month, I can't help but like the SPX chances of making ATH perhaps as early as this year and confirming what the market internals have been suggesting all along...

"However, time is still in effect and by the end of March what's bugg'n me should become evident. "

Can you expound a little more on the time still in effect part? because I don't like it when somethin is buggin you because dat begins to bugs me too :) TIA,

Mo