CLOSEOUT
COVER AGA.TO @18.21
Close my position this morning before the market. There might be a little more downside, but I do not want to hold the position before quarterly results (DSF: 10/25, AGA: 10/28, IPS: 10/29), which will likely be blockbuster quarters. If these share run up after results, I may put out a little more.
A real mixed bag of reports. EBAY and softwares reported very strong results and their shares popped up, while chips, continued to be cautious, with a couple of big misses. The preponderance appears to be on the positive side. Tech continues to show strengths, this confirms my early thesis that the poor Q3 is significantly discounted, although that did not necessarily mean these who committed the "misses" would not get severely punished. This is why I added a little ATY, just for such a scenario.
Close my position this morning before the market. There might be a little more downside, but I do not want to hold the position before quarterly results (DSF: 10/25, AGA: 10/28, IPS: 10/29), which will likely be blockbuster quarters. If these share run up after results, I may put out a little more.
A real mixed bag of reports. EBAY and softwares reported very strong results and their shares popped up, while chips, continued to be cautious, with a couple of big misses. The preponderance appears to be on the positive side. Tech continues to show strengths, this confirms my early thesis that the poor Q3 is significantly discounted, although that did not necessarily mean these who committed the "misses" would not get severely punished. This is why I added a little ATY, just for such a scenario.
posted by ZIGZAG at 10/20/2004 09:46:00 AM
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