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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: RR who wrote (1908)9/17/2000 10:18:43 PM
From: RR  Read Replies (1) of 65232
 
OK Troops, everyone ready for another week? Hope ya do something good this week for it'll cost ya a week of your life, as the saying goes.

Warnings season here. Seems to be going ok, as far as big techs. Earnings season just around the corner. Cash on the sidelines burning a hole in pockets with every day.

So what has changed? Nothing.

I say green light go, 5000 here we come. I challenge everyone to start taking some positions in here. Little here, little there. Doesn't have to be all at once. Stay with quality. Set your plan, stay on target and execute. Ya can't play the game unless you suit up.

INTC is a buy right now. I learned many years ago to never underestimate that stock. My teenage son is just starting out and I'll probably buy INTC tomorrow as his first stock to own. For LTBH especially, a great investment at this price.

Also, I think JDSU is a great buy at 103-104 for the long term. With the SDLI merger hanging out there, it may not move as fast towards year end as some others but it still should beat the Naz.

One thing that I've noticed on the Porch recently is there are hardly any reports of folks getting margin calls. Congratulations! Stay off margin. Looks like many of you learned a lesson with that cdma stock, which BTW I'm not buying anymore of until it clearly has a more sustaining run.

Take care my Friends and let's have a great week.

RR
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