Tchaikofsky Posted February 19, 2003 Report Share Posted February 19, 2003 Big gap ups on INTC and XLNX this am after the usual upgrades and touts. So, who do we believe? Intel chief sees no signs of telecoms upturn By Tom Foremski in San Jose Published: February 18 2003 22:40 | Last Updated: February 18 2003 23:10 The telecommunications sector continues to be in "meltdown" with no signs of an upturn, said Craig Barrett, chief executive of Intel, the world's largest chipmaker. But there could be some improvement in the second half of this year, Mr Barrett said on Tuesday. Intel's computer chip business, however, would likely recover before its communications chip business, which continues to report large losses. Link to comment Share on other sites More sharing options...
DrStool Posted February 19, 2003 Report Share Posted February 19, 2003 Good one Rich. Suctors and Stoolwethers are interesting this morning. Is it possible that we go back down, make a minor new low, then settle into a trading range for the big leg down I'm expecting this summer? The market has us all frazzled in the short run, but it is fitting the long term cycle projections in your Weak End Anals quite nicely. Link to comment Share on other sites More sharing options...
ShamPoo Posted February 19, 2003 Report Share Posted February 19, 2003 Bargain hunting December's b-to-b ratio of 0.94. Morgan Stanley's industry anal cyst's previous estimates were in the range of 0.93-0.98 for this indicator. The anal cyst believes this announcement to be a "non-event" despite missing his forecasts for January. Semi stocks upgraded by Morgan Stanley: INTC, XLNX, TXN Translation: Morgan Stanley still stuck with a bunch of chip crap Link to comment Share on other sites More sharing options...
simple guy Posted February 19, 2003 Report Share Posted February 19, 2003 A few rants Book to Bill became non- relevant a few years ago Also But there could be some improvement in the second half of this year, Mr Barrett said on Tuesday. hhhhhhhhaaaaaaaaaahhhhhhhhhhaaaaaaaaa yeah, OK Finally... my own chart, for you nervous nellies... SIMMER DOWN would ya?? Link to comment Share on other sites More sharing options...
DrStool Posted February 19, 2003 Report Share Posted February 19, 2003 Pre Market update in your Anals. Stooltrading Beta wil continue today with enlarged annotated charts. Did I just hear that Goldman says bottom is in in chops again? Link to comment Share on other sites More sharing options...
phatbubble Posted February 19, 2003 Report Share Posted February 19, 2003 Oh, and one other item of note... Astrology is important to pay attention to, the planets definitely have major effects on moods... and mood swings. To wit, this chart below shows the SP 500, its direction when Saturn is direct vs in retrograde. Guess what... Direct begins on Friday this week.... which is DOWN I could be wrong... heh heh tanks for posting SG, i hadn't got around to putting it here yet. for all who haven't seen it, related thread is in LOB. to clarificate a little, saturn going direct doesn't necessarily portend an immediate drop, it just signifies that the Days of Bubble & Fluff are over, and that the time is nigh to face the reality of the LT trend again. (conversely, the last two saturn retrogrades have coincided exactly with huge reversals to the upside....so at this point i view saturn direction sort of like hamilton views the 21 day PCR - important at both ends, but maybe a reliable timer on only one. saturn goes retrograde next on 25 oct 2003.) Link to comment Share on other sites More sharing options...
simple guy Posted February 19, 2003 Report Share Posted February 19, 2003 Ya wanna see a bull market? Its called OIL and GAS small caps. I own this one below at 8.64, purchased recently.... IFNY... just one example. You might Toss Jr Miners in there too...heh heh. Disclosure, Im long KGC recently from 7.29 A real Bull market Link to comment Share on other sites More sharing options...
simple guy Posted February 19, 2003 Report Share Posted February 19, 2003 Again, quoting myself from the Simple Guy Waves thread over the weekend (returning to my roots) Im going to get back to my roots of standing back from the monitor, and not getting my eyes too close like I did recently... where I lost my SHORT TERM, but not LONG TERM vision... I will again reiterate my opinions, FWIW. We are going to finish up a normal retrace off the recent sub wave 1 down leg from 1039 to 938 on the NDX. This should take us towards 1002 ish... Im looking at 25.02 ish as my near term target on QQQ. Yes, its possible to see as high as 25.30 ish as well, on a more hysterical 78.6% retrace... traders only need apply though here... Link to comment Share on other sites More sharing options...
cyclist Posted February 19, 2003 Report Share Posted February 19, 2003 I see London I see France I see doody in their pants. Tha'ts SOOOO Poetic. I love it! Link to comment Share on other sites More sharing options...
GregFokker Posted February 19, 2003 Report Share Posted February 19, 2003 Actually, Cyclist, it's POOetic. Link to comment Share on other sites More sharing options...
simple guy Posted February 19, 2003 Report Share Posted February 19, 2003 One more note on NAS Where wave 2 meets the top of a prior wave 4, its a great time to short.... Bob Prechter 1360 ish would be that target on the NAS, would also reflect a nice A B C wave 2 ending top rally off the 1260 ish lows... Not sure if it occurs, but would fit nice with a great time to go explosively short I'll ride it out, its only 14 plus points from Yesterdays close... Link to comment Share on other sites More sharing options...
GregFokker Posted February 19, 2003 Report Share Posted February 19, 2003 US announces air strike in no-fly zone by coalition forces. http://biz.yahoo.com/djus/030219/0926000585_1.html Link to comment Share on other sites More sharing options...
simple guy Posted February 19, 2003 Report Share Posted February 19, 2003 SG vision is below for NAS Link to comment Share on other sites More sharing options...
Charliss Posted February 19, 2003 Report Share Posted February 19, 2003 Morgan Stanley chip upgrades * "At Morgan Stanley, your dreams become our dreams- one client at a time." *By stealing them from you Link to comment Share on other sites More sharing options...
Guest Posted February 19, 2003 Report Share Posted February 19, 2003 Bulletin: Just got on. Have not read anything need to imitate an adult human in a moment but, just want to discuss XLNX It was upgraded with other chips, Intel et. al. by MS this morning and had a great pop in the Pre. As I expected, it is dropping quickly in the Open. It may explain the accumulation happening in the last week. The good news is fresg sheeple longs may make fodder for us. Nonetheless, keep close a close eye. MS most likely (I'm being diplomatic) announced after they were done. Hopefully, this will turn out to be a good thing for shorts as/if the market goes down today. Now back to your regular programing. Link to comment Share on other sites More sharing options...
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