Monday, September 11, 2006
Quick Alert: SOX Going Nuts...
Despite my potentionally foolish bearish stance!
If TXN reports a "better than" mid-quarter update (scheduled for after the close today), the semiconductors will blast off.
However, its worth noting, the damn sector is already up nearly 3% for the day.
I can't tell you how many times I have been suckered into rallies like this, just to have my head cut shortly thereafter.
I am desperately looking for a long in the semi's, but can't find one that I like.
If TXN reports a "better than" mid-quarter update (scheduled for after the close today), the semiconductors will blast off.
However, its worth noting, the damn sector is already up nearly 3% for the day.
I can't tell you how many times I have been suckered into rallies like this, just to have my head cut shortly thereafter.
I am desperately looking for a long in the semi's, but can't find one that I like.
