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Strategies & Market Trends : Trend Setters and Range Riders

MSFT 487.80

+2.5%

11:05 AM EST

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To: Susan G who wrote (10808)	2/2/2002 11:10:08 AM
From: John Sikora	Read Replies (1) of 26752

Welcome Back Susan, Hope things have settled down for you...Great post! I have been fortunate enough to play BEAS both ways for the past week or so...except on thursday morning I should have shorted immediately after selling at 19.80..C'est la vie! I agree something is awry...I never like to see volume increasing as a stock is tanking..Earnings on the 21st so perhaps a warning is in the cards...or just nervous longs with profits to lock in at the end of the year...or perhaps it's all that insider selling<G>...I won't play it long for a bounce until we hit 15.75 or so...Check out this chart: siliconinvestor.com I believe CRUS is about to roll over to the 15 area and am looking to re short on Mon morning...In terms of the Comp I would guess we are headed down to 1750-1800...Thanks again Susan for your market reads...Enjoy the weekend. john

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