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To: Jacob Snyder who wrote (11762)9/25/2008 10:41:13 AM
From: Jacob Snyder  Respond to of 13403
 
KLIC bot 3800 @ $4.70. I am now 100% long the market, for the first time in years. Everything bought between Sept. 5 and today, with the SOX between 305 and 340:

KLIC $4.70
ASML $18.74-21.45
AMAT $15.5-17
BA $57-62
PFE $18.2-18.5
GE $22.89

I am betting we now get a bear market rally, that takes stocks to their 200DMAs. If I'm wrong, and we drift lower, I will sell some, when I can get out even. Valuations and sentiment are low enough now, that I don't think we get any (further) huge plunge in stock prices. GE, for instance, hasn't taken out last week's lows, even though they warned today.



To: Jacob Snyder who wrote (11762)9/29/2008 12:44:19 PM
From: Jacob Snyder  Read Replies (2) | Respond to of 13403
 
ASML bot 2800 @ 16.81. This is the first purchase on margin I've made in years. If we go lower, I won't buy any more. If we go higher, I will sell these shares when we reach $19.