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Technology Stocks : Xilinx (XLNX) -- Ignore unavailable to you. Want to Upgrade?


To: Andreas Wappelt who wrote (1544)11/11/1997 7:05:00 PM
From: privatesmith  Respond to of 3291
 
Andy, I'm waiting for XLNX to slip more before I go back in...how much?...don't know, yet...but, based on today's behavior, under 30 before the week's out...????. It's my notion, there's some institutional year end portfolio dressing going on...may be to Christmas...may be into next year...am not certain. It starts up early in the morning and rolls over fifteen or so minutes and goes down and bounces a little to settle lower in the day...that's my perception of the daily trading pattern at the moment. Ed



To: Andreas Wappelt who wrote (1544)11/12/1997 8:06:00 AM
From: privatesmith  Read Replies (1) | Respond to of 3291
 
Andy, I'm guessing XLNX will break 30 to the downside today after looking at premaket indicators...

The sickness eminates from Asia once again...big time sell off...Japan off almost 3%...Hong Kong almost 4%.ÿ And, as usual, it's following the rising sun...Europe mostly down...FTSE -0.14%, DAX -1.29%...CAC 40 -1.50%.
ÿ
S&P500 Futures off 10+ points.
ÿ
Most of the Big Cap averages were up in our markets, yesterday...but, the Mid Cap 400 and NASDAQ were down.ÿ Hitechs continued to be weak...the SOX was down 1%.ÿ Smaller glamour stocks taking a hit with the momentum players moving out.
ÿ
Today, I'm expecting another "hosing"...sure tired of these "baths"...more like a huge dose of casteroil with the attending consequences...make sure you've got lots of "paper"...

As usual...all the disclaimers in the world!