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Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?


To: Fintas who wrote (3999)9/29/2010 11:55:21 AM
From: robert b furman  Read Replies (2) | Respond to of 41471
 
Hi Fintas,

Thanks for the detailed read.

Semi's are famous for their final shakeouts and brutal headfakes.

Here's today's du jour example:

stockcharts.com

They announced earnings last night and beat by 10 cents - then gave conservative forward guidance for the same revenue next quarter.

On a bad headline discussing to poor guidance,the stock drops in AH some 7.2 %.

blogs.barrons.com

As I type, it is OFF 8 cents - UP a $1.60 from the open lows.

If that doesn't scream BUY THE DIP - I don't know what does.

P.S. One also must be numb with regards to fear and volatility.

I guess that;s why they call it mad money.

Thanks again for the great look at semi's.

Bob