Tuesday, February 13, 2007

 

Quick Alert: Tech Stocks Acting Gay

I must say, the action in Tech is making me regret selling my QID position. Just in case you are pondering, I still hold 10,000 SIRF short.

Anyway, if AMAT comes out with good numbers, we are all saved. If not, Tech will likely take another siesta tomorrow.

Off to go drink a large green can of Monster Energy Soda. I drink green, because I am not a fat fuck-- like most of you leaches out there.

Comments:
GRMN reports tomorrow and is acting well on a pissy tech tape...careful with that SIRF short.
 
AMAT's problem is that its price has had a nice little run after KLAC numbers came out excedding expectations, however, KLAC has fallen back now while AMAT pretty much hasn't. They need to beat big, otherwise, its adios.
 
I was wondering why you sold QID on a day like this.

Earnings season for tech is winding down... momentum is fading in this sector for now. Damn, looking back, tech earnings sucked anyway.

not betting against it yet, just trimming.
 
it was a mistake.
 
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