Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Chris who wrote (5396)	4/9/2001 9:57:36 PM
From: JRI	Read Replies (2) of 52237

I am short Qcom, Chkp, Beas.....SPY and SMH.... All but Chkp were not bad moves for today......Chkp pounded me, but I am not worried....(yet)....the thing is ridiculously priced (IMO).... Qcom will be interesting (reaction to Saws news...China still an issue).. I was attracted to the 3 stocks because they are now technically "broken", but still some of the more expensive techs out there....i figure gravity will eventually bail me out, if I miss the short-term call...stops are CHKP 56, Qcom 50-51, and BEAS 34... Although SMH came back today....I just don't see the hope/catalyst for SOXX to get back above 515 anytime soon....and the equipment makes still overpriced... SnP only a matter of time, IMO....I'm not gonna try to pick an entry point on that one... Have some gunpowder left....may deploy if we fail at 1758 again, or 1790-1800.....not too worried, yet.. I think MOT news will be dreadful...

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