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Politics : High Tolerance Plasticity
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To: jim_p who wrote (11823)1/21/2002 12:30:00 PM
From: hdrjr  Read Replies (1) of 23153
 
Jimp, KB, Dabum, Gottreid, etal

thanks for the comments on TER. I do not think that they were lumped with AMAT etc last week since they came out with their own bad news story the same day as Intel's report. The stated that they see no turn on the horizon, not even a better 2nd half of 2002 statement.

I liked Gottreid's monthly chart because it indicates that even a probable run down to 20 will stay within the channels. I watched TER in late 98 and 99, it bottomed at 15 and turned north straight to 70 with no significant retracement. This time is already different in that regard. My play at the moment, always subject to change of course, is to ride down to 21-22 ish, wait and watch, and then go long if it merits as I expect it to. Key to wait and watch it may take months.

Looking to go long XTO as soon as Jim says its okay to re-enter natural gas. GGG

Thanks again,

hdr
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