Wednesday, August 29, 2007

 

Sector Spotlight: Semiconductors

Who shorts into a down 280 day anyway? Yesterday, all of the "smart people" I know were telling me "dude, load up on these puts" or "this market is going down hard tomorrow." Then it dawned on me.

These fuckers don't know their dicks from a doorknob. Nothing goes down in a straight line.

As for today:

We will be up 150+ today. Write that down you stupid fucks. I used my time machine to get that information.

Within the market, the semi's are poleaxing the bears, taking all of their lazy gains back from yesterday. Right now, I like NVDA, SMTC, EMKR, CMOS, AMD, INTC, CHRT and SNDK.

Look, if you came to this website, hoping to find some stupid charts with squiggly lines on them, you've come to the wrong place. As you know, fucktards rely on charts, mainly because they have zero connections on Wall Street or they are both lazy and ignorant.

However, it's worth noting, "The Fly" does keep his monthly income charted--going back 7 years.

Finally, this morning I bought VMI, LNN, iiG, ATI, ALJ and NTRI.

Comments:
It may be worth noting that LAYN blew numbers out today. Similar business to VMI LNN .
 
I wouldn't touch AMD for the next 6-12 months. I really like INTC(see Apple's gains in market share.)
 
"they have zero connections on Wall Stree"

yes, all of us don't have connections that tell us to buy ARWR because it will make us rich in the summer, and how MVIS will be above $6 or signifigantly higher by labour day...lol
 
Fuck you, MVIS went to $6.

You can't hold a candle to me.
 
DJI up 150 by end of day? - yes, if one of the 15min candles closes above 13172 the 34ema - then it should be up from there to 13228 - could be even a +200 day IF it holds above the 34ema (13.172) Thanks to TraderX for the 34ema values.
 
OTR--

You are intelligent. I can tell by your picture posted in the comments section.

I derive my predictions from the performance of sectors and key stocks, such as the 30 most heavily weighted stocks in the Naz 100.
 
Any thought on the MU cow?
 
What do you think of LSI in here, having completed at $500MM buyback and initiating another $500MM buyback this year? The first one took 2 months to complete.
 
MU is cheap here. DRAM prices are rebounding.

LSI is not for me.
 
It is 8:45 here in Arizona (11:45 ny)
The DJI has just closed above the 34ema - looks like all systems go for 150 - 200 point + . of course what would life be with out one caveat:
If it closes on a 15min bar below 13165 - the party has changed its Karma.

PS> This tells me to change my entry point in RIMM short to pivot point R1 81.57
 
OTR:

You're nuts shorting RIMM.

Look at some of the Ag plays, off to the races: LAYN, VMI, LNN, POT,MON.
 
Just sent a million dollars through a hands free
That’s big money talk, can you answer me?
 
OTR- My Karma just ran over your dogma.

Can you work your magic in th NFL for us this year. And maybe a few World Series bets.
 
You're nuts shorting RIMM.

I respect your opinion and I'll move my entry up to 82.01

3 15 min bars will tell me if I'm wrong - and I'm usually out for 1 to 2 points within 15 to 45 minutes. that's how fast RIMM moves - the traders like to shake out the shortstops first and then short themselves - it goes down a point or two - they shake out the recent long entries - cover shorts and go long - RIMM has the most intelligent traders I have ever observed (so does apple but the action is not as great)

I'm a Bi-Trader - I go either way!

And you my friend are a great trader.
 
Just be sure as a Bi-Trader you use proper protection i.e. stops, etc.
 
I went out to get my horse and saddle up - this day has shown its colors
I should be back at 3:00 (NY) for a possible reversal (up) setup.

Good Luck!!!!
 
Love your fellow, MON, mon.
 
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