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Strategies & Market Trends : LastShadow's Position Trading

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To: Daveyk who wrote (40206)1/19/2001 6:55:18 PM
From: jfhh  Read Replies (1) of 43080
 
Hey Dave,

How about that MSFT? I sold today AH at 61, in from 48 1/4 on the third. Now I've got some powder for next week. I'll get back in when we dip, naz has been so strong from the 8th - 370 points; up, plateau, up, plateau - or dip? Held onto INTC, NT, GLW, etc that I got early while adding to or starting SUNW and QCOM on the dips. I have most of what I want, and am too scared to get the ones I don't - the PMCS's, CIEN's, BRCM's etc. Their charts and valuations keep me away for now. Probably a mistake!

The dow has been channeling 10-11k since when, mid-May '99 now? When is it gonna break out?

John
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