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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Venkie who wrote (36315)4/26/2001 2:00:27 PM
From: edamo  Read Replies (1) of 65232
 
venkster....patience is good...

newp still in a down trend...will move strongly with the market in either direction....high twenties possible on an overall market sell off....

i prefer those that have set a low, tested and began basing...fdry could have been bought at 9.75 yesterday...today it has traded since this morning plus or minus a few from 13.20....this is good stabilization, earnings are out, visibility forward claimed not so bad, and i would look at positions on a pullback....same for atml, and one that the wooly guy likes..saws....basing issues will give rewards with lower risk then the trading issues....with a newp, cien, jnpr, brcm, etc....take the profits when you can.....
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