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


To: Lucinos who wrote (2323)5/6/1999 11:19:00 AM
From: Lewis M. Carroll  Read Replies (1) | Respond to of 3291
 
Anyone wanna speculate on why XLNX was down as much as 3 points Wed only to recover to +3? My guess is that this morning's down performance is driven by rising rates - long bond up 21/32 ticks to 5.7% - damn there go my refi chances...

Still looking to establish a trading range. I'm pretty confident of a bottom number (buy) of 45 - may dip into 44 but 45 is a good buy. It's the top I'm trying to figure out. We can't seem to get back above 50 but every time there is some larger macro issue that brings us back. I'm looking for a top (sell) number that would apply assuming no "macro" effects (ie rising rates).

Cheers