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Technology Stocks : Applied Micro Circuits Corp (AMCC)
AMCC 8.4500.0%Feb 3 4:00 PM EST

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To: Stoctrash who wrote (1555)8/2/2001 8:34:45 AM
From: techanalyst1  Read Replies (1) of 1805
 
Ah... well I'm not going to gloat. Nothing goes straight up and lots of stuff is close to being overbought. But I rather make my money buying dips and selling rallies than shorting rallies. Safer in my book. Besides, it's hard to call tops and bottoms.

The bears probably will overstay their welcome and not sense we've turned into a bull again.

I will tell ya though... brcm, amcc and pmcs... they look like they do not want to go to new lows. It's over for the bears in those three.

TA
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