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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (146880)5/5/2002 10:02:38 PM
From: Mani1  Read Replies (3) of 1576881
 
Re <<I will rely on you to tell us when to enter those two........you know I don't trust MRVC in spite of the fact the stock bought you a house.....which I will always hate you for. >>

I already put my order for 4K of PRGN. I will start there. Could be 2 bagger by end of next week. Even better if the news from the auditors is not as bad as the market fears. I think it is just some revenue recognition issue for items in the channel.

I think I can upgrade my house to one on La Jolla cliffs if I play my cards right. I have plenty of dry powder for the intermediate bounces that are going to be huge percentage wise. Long term, NASDAQ has more downturn in it.

I think we'll bounce for the next couple of weeks going to expiration. Then another downturn that will take out September lows. Then a very nice rally going toward the end of year. You can do much better than the general market by swing trading the volatile stock like EMLX, or buying the beaten down ones like WCOM and PRGN and selling them on the bounce. No matter what you do, do not listen to CNBC, that's what the herd listens to.

Mani
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