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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 148.85+0.4%1:03 PM EST

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To: Alan Gallaspy who wrote (7936)6/30/1999 9:38:00 PM
From: Ian@SI  Read Replies (1) of 10921
 
Alan,

The problem with attempting to trade these stocks during the upleg part of a cycle is that one has to make 2 correct decisions.

First, selling high. Nearly impossible to get the top or even within 10% of it.

Second to buy back low. It's even more difficult to get back in.

My only moderate success at this type of trading was with PRIA.

Fortunately, I didn't try with much of my portfolio. I would be happy if I could just predict the end of the upleg before the most of the rest of the market has already sold.

Ian.
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