Power Integrations (POWI) Message Board

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Technology Stocks : Power Integrations (POWI)

POWI 36.26

+0.4%

11:24 AM EST

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To: Jeff Bond who wrote (261)	12/2/1999 9:09:00 PM
From: Mark[ox5]	Read Replies (1) of 449

Wow, I am impressed.. a POWI holder since '98 Hell if I hold something for 3 months I am impressed with my patience. Sometimes its better to do such things.. I had AMZN about 2.5 years ago at $40, sold at $48 in about 3 weeks and thought I was smart. That was about 4 splits ago? BRCM about 1.5 years ago at 1.5 market cap... bought, sold.. umm what was I thinking? well now I have a complementary strategy .. whichever stocks I buy (or options) I try to keep at least a partial position for the long term.. but still love to trade. I will probably sell some holdings at $60, but keep most for March/April before they expire :) On the next dip I will have to find some July options This NASDAQ is just out of control, no? I cannot believe how it continues to go up. I fear the fact I see no fear from anyone, that is usually a signal we are near a short term top. Unbridled enthusiasm is a bad sign :) Especially with rates rising again.. but heck NASDAQ could care less. I guess ride the wave, but now is a time to be cautious on the overall market to me Anyways, with the 20% rise we are just back to where we were about 2 weeks ago, so more upside! Onward P.S> What do you mean by "another gap"

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