Technology Stocks | Wennerstrom Semi Equipment Analysis


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To: Woody_Nickels who wrote (56426)5/27/2012 5:00:37 PM
From: Donald Wennerstrom1 Recommendation   of 59964
 
Woody, You should tell your broker that the name of the game in the present environment is "capital preservation"<BG> At least that is what I have been reading lately. I think the best place for your money is under your mattress.

As far as the SOX is concerned, the last 8 weeks has seen 6 down weeks and 2 up weeks including this past week. A lot of news coming up this week that may move the market in one direction or the other. We can also expect the "soap opera" in Europe to continue with a new message every day.

I have been thinking about standing in the bathtub and facing North to see if I can get some market inspiration for next week. Better yet, maybe I should call my mother-in-law, to see if she has any "hot tips" for me. I am desperate and looking for anything except "capital preservation".<BG>

Yours truly,

Don

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To: Donald Wennerstrom who wrote (56430)5/27/2012 9:34:03 PM
From: Return to Sender1 Recommendation   of 59964
 
Amateur Investors Weekend Stock Market Analysis (5/26/12)

amateur-investor.net 

The Global Dow Index (GDOW) which is a good indicator of world market conditions continues to exhibit a Head and Shoulders Top pattern. It appears the GDOW may test it's Neckline support area (yellow line) this Summer which is just above the 1550 level. In addition also notice the 61.8% Retracement Level from the early 2009 low to the 2011 high is just above the 1550 area as well. Thus the 1560 area appears to be a major support level for the GDOW this Summer.




Meanwhile in the longer term if the Neckline support area were to be broken then we could see an eventual retest of the previous 2009 low based as a large "ABC" corrective pattern evolves from the late 2007 high.



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To: Donald Wennerstrom who wrote (56430)5/27/2012 10:06:23 PM
From: Gottfried1 Recommendation   of 59964
 
Don, you said >I am desperate and looking for anything except "capital preservation"<
Seriously, I'm selling BRKb options with some success - so far. I prefer selling puts and don't mind too much getting the stock put to me, but try to avoid that. If put I sell calls. Even Berkshire Hathaway was cut in half 2008/9 and I have no protection against that. If I can make 1% a month I'm happy.

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To: Gottfried who wrote (56432)5/28/2012 12:10:02 AM
From: robert b furman1 Recommendation   of 59964
 
12 % A YEAR = GREED.

You must be one of those folks that is not paying your fair share!!LOL

Bob

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To: robert b furman who wrote (56433)5/28/2012 12:20:04 AM
From: Gottfried   of 59964
 
Bob, guilty :( trouble is I lose more on stocks than I make on options.

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To: Gottfried who wrote (56434)5/28/2012 12:27:04 AM
From: robert b furman   of 59964
 
This too shall pass.

I like buying stocks.

I like even better buying stocks tomorrow cheaper than I can get them today.

I view it as a more informed purchase.

I'm not a day trader.

When I buy a company - I'd like to buy it all and hold it for a long term perspective.

Geez - just call me Warren.

LOL

Bob

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To: robert b furman who wrote (56433)5/28/2012 6:49:16 PM
From: Woody_Nickels   of 59964
 
ROFLMAO eom

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To: Gottfried who wrote (56432)5/28/2012 7:08:18 PM
From: Woody_Nickels   of 59964
 
We're using the same strategy on different stocks.
I'm not retired yet, though. No greedy goal, either. :)

My last few 1040s show LT gains and ST losses.
Not nimble enough on options plays.

LOL

Woody

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To: Gottfried who wrote (56434)5/29/2012 2:40:21 AM
From: Paul V.   of 59964
 
Gottfried, at least we no are getting dividends on some of our stocks. I am getting $1.00 annual dividend on my QCOM stock beginning this quarter which I bought a few years ago at $20.99. I am still holding the shares. It is my biggest holding.

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To: Paul V. who wrote (56438)5/29/2012 9:27:56 AM
From: Gottfried   of 59964
 
Paul, congrats! You also did well on cap gains - QCOM is 57 now

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