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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?


To: Bosco who wrote (2222)11/7/1997 9:13:00 AM
From: Iris Shih  Read Replies (2) | Respond to of 37387
 
Bosco,

Found another bad news adding to it. 08:52 ETChip-Equipment Makers:Sector likely to be a highlight after DMG informed clients that LSI Logic is cutting capital expenditures by 50%. At present, sector stks doing fine in pre-market. Most major names indicated about 1 to 1 1/4 lower

Gee~ couldn't find any leaders(sector) in techs to look forward to. Looks like another nice day for me to take my son outdoors playing.

Iris





























To: Bosco who wrote (2222)11/7/1997 10:05:00 AM
From: Crossy  Read Replies (1) | Respond to of 37387
 
Bosco,
for me this is the selling-climax, actually NASDAQ-comp. is forming an inverted head & shoulders. Now the NAZ is bouncing off its lows. Unfortunatley I own WDC, so I'm not delighted, OTOH, RDRT held firm this time.

WDC indicates pricing pressures AND (!) more expensive components in upcoming products. I guess these are those MR heads. I might get rid of my WDC today, but plan to hold tight on RDRT..

best wishes
CROSSY

BTW: if the Nikkei retests 14000-15000 range I might buy Nikkei Index LEAPS...



To: Bosco who wrote (2222)11/9/1997 12:09:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 37387
 
Bosco: I have been involved on the Mohan thread, so I failed to keep up to date with this thread. I think that we might go into one of the worst November on record, with here and there few uptics. I think also that INTC is very dangerous if and until it breaks trough 82, which I do not expect it to do. i also think that we will do well considering bear market startegies rather then pure corrections that need to be bought.

Zeev