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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 683.47+0.6%4:00 PM EST

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To: j g cordes who wrote (33642)8/20/2001 9:15:50 AM
From: Clint E.  Read Replies (2) of 68391
 
Jim. Excellent write up w/r to Greenspan, economy, capitalism, consumerism.... Enjoyed reading your views.

I think anywhere between here and 1800, tech stocks are cheap enough to buy (short-term or long-term) when you consider come-back (in revenue & eps) in 2002. I think established companies will go to the web to generare more revenue and that should help the tech sector in general. We won't see the sort of 3-digits growth rates that we saw before but everybody knows that by now.

RFMD touched its 200 dma. I think it would hold. If not, I will be buying more ~20.5.
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