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

To: Lucinos who wrote (2031)	10/22/1998 2:32:00 PM
From: joe smith	Read Replies (1) \| Respond to of 3291

lucinos, xlnx is a trading stock and that is the only way money will be made. i am hesitant to play this one long as ive seen too many companies break trading range support. for xlnx that is around 31 bucks. should it punch thru to the downside, i feel 20 is in the cards. 31 will become very strong resistance and it wont climb back thru until the semi business turns around. with the world as shaky as it is, that could be a signigicant amount of time. so i will continue to short when xlnx and the sox get overbought and cover near the bottom of the range. i will leave it to the bulls to bring it back up to me so i can play it again. trading it both ways one would make a boatload of cash, but i guarantee the first time i went long at 31, it would immediately crash so i will limit my risk and play it one way. im almost tempted to buy 10k worth of stock to crash it and make my shorts look sweet. i will warn the thread prior to doing it so the shorts can load up and the longs can sell if they want to. i have a nasty history of sending good companies to new lows. good luck all js

To: Lucinos who wrote (2031)	10/25/1998 3:29:00 AM
From: michael c. peterson	Read Replies (1) \| Respond to of 3291

Luc,I am one of those stupid bears that think nothings perfect in the stock market or any market for that matter. The perfect trading stock is only perfect when it works. You know its amazing how many bulls have perfected the stock market in recent years.In fact they demand that a stock go up or the company will get slapped with a law suit. I know its hard to believe but this is the same market as it was over 100yrs ago.But if you got it all down pat don't let us stupid bears stand in the way. Cheers MP