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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?


To: Thean who wrote (7365)2/11/1999 9:59:00 PM
From: The Ox  Read Replies (1) | Respond to of 14427
 
I believe that GALTF and MMCN tend to be a little misunderstood by the market since they are fabless semi companies. They tend to get beat up easier and fall harder. The biggest problem with both is that the overall short term trend is still pointing down. I have a mind to set a very low buying price for both, at least 20% lower then where they both sit today and wait for them to come to me.

I would like to see VTSS retest it's drop below 40. I will be buying there, if we ever get there. My recent mistakes with trading VTSS were not paying close enough attention to the charts and getting caught up in the tick by tick action. That is a sign for me to back away for a while. Those losses hardly dented my VTSS profits and I don't have a problem selling if the position goes against me.

The long RIG, short DO, when both have the same price seems like a can't miss prospect. I'll have to look into that.....