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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Susan Saline who wrote (430)9/16/1998 3:28:00 PM
From: AlienTech  Read Replies (1) | Respond to of 43080
 
You know semi's? Of the 4 majors, LRCX is down 80% from the highs last year. Either they go out of business or time to nip for the long haul? I would have bought some amat and nvls, but I see too many of their office buildings laying empty and the stocks not down enough.



To: Susan Saline who wrote (430)9/17/1998 12:09:00 PM
From: Dave Triplett  Read Replies (1) | Respond to of 43080
 
Just my take on CMOS. First its a right side play which is still in a long downtrend since 9/25/97. MACD still less than zero and moving averages are also in a down trend. Its safer to play left side stocks.



To: Susan Saline who wrote (430)9/17/1998 1:16:00 PM
From: Dave Triplett  Read Replies (1) | Respond to of 43080
 
If you want to watch CMOS (because it does have potential)draw a 14 MA in red and a 25 MA in blue on a daily chart. Place MACD with zero line and watch for breakout on increased volume. Sell sig was given on 3/12/98 for long term plays. Use MACD for shorter term trading.IMHO