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Technology Stocks : SMTI: SMTEK International, Inc.
SMTI 20.90+2.6%3:59 PM EST

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To: Bwe who wrote (35)8/22/2001 1:09:54 AM
From: Tigress  Read Replies (1) of 420
 
Bruce,

"...and unless you are a masochist or have tax gains you would like to offset, you should continue to be a spectator. Yes, you want to keep your positions and let them go long term, but we see little reason to play this market."

"...some looming unseen trouble. It's been a very tough market to make money in.
I'd like to see the NASDAQ Composite break the 200 DMA to the upside before getting long QQQ's."

Thanks for sharing Birinyi's comments & your insights, Bruce. They put things into perspective.

We just don't need (or want) another financial meltdown, but it does seem inevitable after seeing C break a triple bottom & the BSL.

I concur and will await MOABO.

Tig
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