Replies to post #23224 on Zeev's Turnips Patch-No Politics (ZEEV)

[mlsoft]

Zeev.....

Unfortunately, that seems to be the case. Nice early trip, but nothing since, and we may go sideways here, wiggling into the close. I do not see a whole lot of rally potential for the market with the very negative background news, so I will just keep plunking at it.

Good luck to you.

mlsoft

[m1o2n3i4c5k6]

Z, at this point, what % cash do you plan to have at eod? (My bull/bear indicator)

Still trying to understand if there will be a retracement to low 1200's before the assault on 1388. Your current thoughts would be appreciated.

Thank you.

[Sir Realist]

SWKS and ICST were wunnerful in the semi sector; any followthrough anticipated? Odd that gold's largely green today too...

[otraque]

<In edit, come to think of it, I would lean toward an EOD sell off, watch MERQ and BRCD leading the way...> that's the total key in my view, the 3pmm to close will make my final decision.

[ArtM]

Zeez,

I see you play IDPH as a trader pretty often. From a fundamental standpoint, it looks to me that it is about 80% overvalued. Can't understand how it can go up when it cancels
its main Phase II Trial.

Art

[Sir Realist]

Btw, so many are now looking for a bottom on 9-11 that I have a question of import: does anyone recall ever in market history where we moved to an annual low at approximately the same time in two consecutive years? I don't.

Doesn't it seem unlikely, folks? I'm considering staying long for Mon-Tues, with an expectation that when the market opens w/o a terror incident on 9/11, many will look for an up market that day, but not get it.

I have a hunch we'll get another gap up on Monday too. Your feedback on my musings here would be appreciated.

[marginnayan]

Any plan to put CDN or MCHP on radar ?

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Tech Stocks: Be Picky and Patient

Does S&P have any stocks ranked "buy" in the tech-stock area?

A: Yes, we do. We have a few -- and just a few. Microchip Technologies (NasdaqNM:MCHP - News) is a maker of microcontrollers and associated specialty-memory and analog chips that form simple embedded control systems that are very widely used in all kinds of electronic systems. Microchip is a market-penetration story as much as a unit-growth story. That is, when new car models come out, there's consistently more electronics designed in, and this will use more microcontrollers, as well as discrete semiconductors and passive components.

Along the same lines of thought, we like International Rectifier (NYSE:IRF - News) as a 4-STAR [accumulate]. They make power semiconductors. We have several software companies as 5-STARS, each addressing a different market. One is Electronic Arts (NasdaqNM:ERTS - News). They sell video games. And they have substantial market share and are having some good innings in a hit-driven business. We also like Symantec (NasdaqNM:SYMC - News). This is a play on security software, which, like Electronic Arts, has a substantial consumer market. And that's holding up as some of the business markets weaken.

Another is Cadence Design Systems (NYSE:CDN - News), which is the leading company making software to design the circuits for semiconductors. The design cycle in the semiconductor industry is a little different from the production cycle. The valuation on Cadence is also at historic lows. We forecast earnings of
95 cents for calendar year '03.

Entire interview:

http://biz.yahoo.com/bizwk/020906/nf20020969275_1.html

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[slopik]

Well, we keep knockin' at that 1302 gap down from the 3rd. If we punch through that we could run a little.

Pierre