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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: KM who wrote (22164)9/15/1999 7:51:00 PM
From: dennis michael patterson  Read Replies (2) of 42787
 
Would you really short RFMD?? Wow. I would buy it if it got any lower. It is still doing quite well. I maintain that, in this environment, you have to buy high quality stocks when they pull back. Take Csco, for example. It closed at over 70 today. 70!!!! I can still remember buying it a few months ago at 52!! When it dipped a few weeks ago to 66, THAT was a buying opportunity! I admit I have cut my exposure to equities by over 60 percent. I act like a fund manager now-- I have had a good year, and will not give up the gains. But being bearish on tech (and I don't mean YOU!) is for losers, IMHO!
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