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Technology Stocks : Wolf speed
WOLF 21.03-8.0%3:59 PM EST

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To: MARK BARGER who wrote (3131)7/6/2000 2:30:28 PM
From: Yogizuna  Read Replies (1) of 10714
 
It has been quite a correction off of the 170+ area, has'nt it? This just goes to show us that even good stocks like CREE can certainly be purchased at much too high a price, even if the future is bright and the current fundamentals solid..... The market is a tough teacher, and has rapped my buying hand across the knuckles many times when reaching for the cookie jar filled with bargains! (g) Having said that, I find my sore buying paw starting to reach out here for some beaten down shares, as both the hourly and daily charts are now "officially" oversold, but that market teacher over there is giving me a mean look already, so perhaps I should wait for the official buy signal from the nightly system! (lol) Brave souls with deep pockets may want to step up to the plate here and try to swing for the fences before the official buy signal comes in, but it's risky..... Yogi
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