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Non-Tech : The Critical Investing Workshop

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To: Jill who wrote (27698)8/3/2000 10:57:15 AM
From: Boplicity  Read Replies (1) of 35685
 
re: CREE

I would only buy CREE in better market conditions and for some other reason then the current story. CREE has made a triple bottom never a good thing to happen. CREE is broken stock that is about to flatline at best. That said, the market has made a short term bottom this AM. If the econ numbers are to investors liking Friday, we will see rally , that should go into next week, only to fail and be sold into. How will it all end? The DOW (big board stocks) Needs to be taken out like the NAZ has so money will have a better place to go or the NAZ needs to be sold down to the spring lows. I'm making money in Uts. it's been long long time since I thought about Utilities. Take a look at the charts in DUK and REI, I'm not alone in that thinking.

Greg
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