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.

Technology Stocks : Full Disclosure Trading -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (11758)	9/24/2008 12:21:13 PM
From: The Ox	Read Replies (1) \| Respond to of 13403

OT I think using ASML as your trading stock is a great choice. We don't know where the bottom will be with ASML? I think it is one of the best companies around for the long term and if you trade it properly and hold some long when it starts to rebound, you will do very, very well. Just keep in mind that when the stock washed out in 2002/03 that the price was below $7/share! Picking off $0.50 here and $0.75+ there could be a solid strategy with ASML, even if it continues to follow the declining trend. EPS estimates are coming down fast for ASML, so be careful that you don't (stubbornly) lock yourself into high prices during the declining price trend. There is plenty of liquidity with ASML, so you can get in and get out relatively safely. Best of luck with your timing!! jmo TO