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To: RR who wrote (25084)	7/12/2000 6:57:25 AM
From: Clappy	Read Replies (1) of 35685

RangerRickHammer, I notice you are taking profit on CREE and BRCD. I'm wondering what helps you in your decision to take some off the table? The daily charts of these two companies showed a rise in price on increasing volume. CREE sits right in between it's 30 and 50 EMA's. I wouldn't think that is a sell signal, yet. If anything, it shows a lingering strength. Perhaps it's the hourly charts. CREE looks over bought. Also shows that it failed to break the 145 barrier on two tries. Is this the signal you look for? Or is you profit taking, options expiration related? BRCD has a ton of open interest at July200's. CREE doesn't have much open interest pressure. Not sure these are the reasons to sell. Or perhaps you just reached a price level that you had marked off earlier? I'm just trying to get inside the mind of a smart trader. Thanks for your help. -Clappy

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