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

To: The Perfect Hedge who wrote (2039)	10/23/1998 5:32:00 PM
From: Lucinos	Respond to of 3291

Beeblebrox, Please don't be offended. I am not any better either. I sold my XLNX today with a 9 point gain. However, I stronger felt I jumped the gun this time. Did you remember your post(#1985). XLNX is now breaking the 1.5 year resistance trend (just opposite to what the yahoo post said). As you can tell, there is no good reason to sell XLNX today from a technical point of view. Besides, I just heard a rumor that XLNX will make its biggest announcement in its history on next Monday. If it turns out that I did not made a mistake today, it is probably due to "buy on rumor and sell on news". I also hope that the rumor mentioned in your post to M.Burk (#34330) will come true on next Monday. Thanks. Paul L.