SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Michael Rich who wrote (14840)12/2/1997 1:49:00 PM
From: Judy  Read Replies (1) | Respond to of 68127
 
Mikey,

Up until today the price action on QCOM and WIND was cosmetic. Please confirm block activity on QCOM. When WIND dips below 37 1/2 intraday, then watch it like a hawk. MM is mean ... real mean.

ALTR and XLNX, the big boys are playing. Gotta wait until they make up their mind, unless one flips the stocks with the big boys.

btw, why did we not look at BMY as an investment?? You flipped in the mid 70's didn't you, my dear?



To: Michael Rich who wrote (14840)12/2/1997 3:39:00 PM
From: Judy  Respond to of 68127
 
Mikey, second set of short CSCO puts got filled as it pulled back to breakout point ... happened faster than I expected. The market suddenly turned weaker 25 minutes ago. Wish me luck.

BAY, check for distribution. Later.



To: Michael Rich who wrote (14840)12/2/1997 4:33:00 PM
From: Judy  Read Replies (1) | Respond to of 68127
 
Mikey, COMS issued warning after the bell. Earnings jitters are coming much earlier than expected. Year-end rally will be selective. Must be the reason why networkers got weaker towards the close.



To: Michael Rich who wrote (14840)12/3/1997 12:50:00 PM
From: Judy  Read Replies (1) | Respond to of 68127
 
Good morning, Mikey

QCOM and WIND performing as expected. QCOM popped up at 63ish, my first target. Please confirm block selling, and that a "small" transaction rescued QCOM from 63.

Expecting market to stay weak this week, or maybe sideways. It would please me if CSCO stays weak or holds for about a week before moving up again. The next leg up should be on thin volume ... join me for the ride and bail again.

Printed circuit board designers down big, extrapolation of bad news before any real news is out. This is a trading market, take profits quick. Later.