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J Kirksey

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J Kirksey

Re: TREND1 post# 975

Tuesday, 06/01/2004 1:08:58 PM

Tuesday, June 01, 2004 1:08:58 PM

Post# of 8622
Bought puts on QLGC - SMH head fake???

QLGC had moved to its sharply decling 50d SMA and that should be it for a while.

with SMH and SOX just above their 50d SMA's, this does not leave much for support. 38.15 or so and 475 or so.

Will a sell-off today lead to a weak open and bottom Tue?
If semi's are truly as strong as they seem and money is really pouring in - then 1 or 2 days of consolidation is all we will get.

Call candidates [when appropriate] BRCM MXIM KLAC

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