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Technology Stocks : Wolf speed

WOLF 18.62

-7.9%

3:59 PM EST

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To: JH who wrote (4423)	12/4/2000 6:44:45 PM
From: Ron	Read Replies (1) of 10712

Thanks for your postings, John. I have held CREE since the sub-30 days, on the basis of its earnings growth and products. But I also regularly day trade/position trade CREE on the basis of its volatility. I have to say, that this year, I have made a lot more money daytrading stocks than from the buy and hold side of the portfolio. Both approaches are perfectly valid, depending on the goals and techniques of the investor/trader. I am not endorsing day trading per se..but one has to consider the biggest day traders by far are the trading desks at such market makers as Goldman Sachs and Morgan Stanley. They often move enough shares to move markets on thinly traded days. One last comment: Be careful with margin trading folks! I only use margin for shorting. Margin can bring you to an earlier than expected meeting with the Grim Reaper.

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