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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 691.72-0.1%Jan 16 4:00 PM EST

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To: j g cordes who wrote (24476)12/3/1999 2:27:00 AM
From: Johnny Canuck  Read Replies (1) of 69854
 
Jim,

I am still laughing about this one. I don't know why.

My broker was talking to a high tech fund manager the other day to check out a fund for his clients that don't want to invest in individual stocks. Anyway, they get to talking about how the fund manager was dealing with the volatility. The manager said that he simply comes in to work every day with his finger on the button ready to sell everything in the fund's portfolio at all cost.

I don't know why but the image of Commander Kong (Slim Pickens) on his way to his meeting with destiny in the movie "Doctor Strangelove" or "How I Learned to Love the Bomb" came to mind. The radio is all shot to h*ll, so no one knows what is going on, but I am
still on my the bomb called the stock market ready to ride it all the way down to ground zero. Pretty much what most people's read on the direction of the market is these days. No one knows the direction of the market, but no one is willing to get off.

Yeeehhhhaaaaa!!!!!! Yeeehhhhaaaaa!!!!!!

Isn't CNDO the stock the Robin once used in a investing versus trading contest a few years ago with Clint. There was some sort of scandal with management that hammered it down and then there was a rumor of a military contract that gapped it up overnight. Wow, you like to play with small cap fire these days.

Have a look at VARL. A VCO/PLL supplier to the base station market. Low float ( about 3.5 million). It looks to be consolidating after the recent run up. Pulling back to the 4 day EMA on declining volume. It actually has a P/E in line with its growth rate. A rarity in this market. It is looking to get into the handset market.

A negative is that it has only two analysts from small firms covering it. I have no read on management yet since I have never heard one of their conference calls.

I am still doing DD on the patents.

RFMD looking good for a bounce as a more risky play.

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