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Strategies & Market Trends : Poorman's - CANSLIM Potential Stocks

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To: Bruce A. Brotnov who wrote (67)7/3/2000 11:06:33 PM
From: Jeff Mulder  Read Replies (1) of 128
 
You have a stronger stomach than me if you're buying semiconductor stocks in downtrends. I like to be profitable on my positions from day one, and I certainly don't get that when I buy downtrends.

I sold IRF and ELNT last week when several leading semiconductor stocks failed breakouts and/or dipped below their 50-day moving averages. Looks like I made the wrong call on those. Today's action suggests the group still has some life to it. Oh well.

- Jeff
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