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Technology Stocks : Kulicke and Soffa -- Ignore unavailable to you. Want to Upgrade?


To: Doug who wrote (1964)11/1/1997 9:05:00 PM
From: semi engineer  Read Replies (1) | Respond to of 5482
 
Doug
I am short term trader for this choppy market. I lowered my low limit to $21 last Thursday. I sold half of my stock holding since outside factor(such as a bad new or H.K. sell-off in Monday morning(Sunday evening) may influence the market on Monday morning. Just of precaution in case, H.K. decided to behave badly on Monday morning(Sunday evening U.S). I will be back in Monday regardless but I did not want to work from lower price on Monday morning. This market is very similar to 1995 and I am being extremely cautious.
I still have my Jan 30 calls which I have touched yet.

The realistic 6/12 months low(DJ@7000) is $20 and the realistic high(DJ@7500) is $50. If DJ@8000+, I think it will be close to $70.