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Strategies & Market Trends : LastShadow's Position Trading

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To: Susan Saline who wrote (35403)5/22/2000 3:58:00 PM
From: Kelvin Taylor  Read Replies (2) of 43080
 
SMTC broke support level of 50. How important is that? track record show a close below 50 last average of 1.5 days. earnings out soon. great short term trade here, IMO. very over sold. sporting an attractive PE.

adding more with belief $53 is very possible this week.

CREE very strong come back, along w/ GMST. selective bargain hunters out day. chose carefully and buy the quality on the dumping days.
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