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Strategies & Market Trends : The New Millenium Portfolio

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To: Jorj X Mckie who wrote (16)	1/15/2000 3:18:00 PM
From: John Pitera	Read Replies (1) of 540

Tom, I agree with your philosophy of not buying during the first hour...what time would you suggest we buy. I am not sold on the SIRI fundamentals so lets hold off on them for the time being. PSFT I know very well, Mike can testify that I was a a big bull on the ERP stocks last april may and june on the myth thread...esp. JDEC and SAP I may go did up those posts sometime just for grins. JDEC and SAP have both just about tripled since then. PSFT has pretty clear sailing until 30 or 35 so it's in for an 80 K buy. SCH needs to get above it's 200 dma where some crafty traders sold it on friday geocities.com I would advocate tyring to bottom fish with an open order a bit higher than the lows of the past few days. say 34.50... the short term pattern is messy, but it does look good longer term. we could also buy SCH on a breakout and close above it's 200 dma. I am reluctant to buy it just below it's 200 dma which is at 44.

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