RF Micro Devices (RFMD) Message Board

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Technology Stocks : RF Micro Devices (RFMD)

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To: dennis michael patterson who wrote (2245)	2/25/2000 10:49:00 PM
From: Retire@40	Read Replies (1) of 4849

Investing 101...buy Low. I agree that the Nasdaq is high and in the top of its technical trading range right now...so a pullback is to be expected...that is why I am mostly trading right now with the exception of my LT positions. The DOW however is starting to present some incredible buys in the banks, oils, and conglomerates like GE. It won't be much longer before money managers can't resist any more and then the momo's will come in. I see the DOW trading no lower than 9300 which would take it to the lower end on the bollinger bands on a monthly chart. DOW is already technically oversold on every other measure I look at. You will probably get a chance to get back in RFMD at some point and I am not one to chase stocks either...wish I would have chased it at 106 today though...lol. Hope you get to feeling better! Emac

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