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Technology Stocks : Vitesse Semiconductor
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To: giddy guru who wrote (586)4/27/1997 5:58:00 PM
From: Scott Moore   of 4710
 
That's only half the story here. I've been bashed here for saying the same thing. So, after making 3+ short points on earnings, I went long for 1 1/2. Sometimes you can use Intel as an overlay on the same chart and other times other semi- indexes. This could be in a trading range for quite awhile and be profitable to play both ways. The backorder of product and growth rate should support range trading until earning catch up, IMO. If you only pick-up half of its daily range, your doing pretty well. Don't forget stops!
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