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Strategies & Market Trends : Z PORTFOLIO
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To: Kelvin Taylor who wrote (7764)8/2/2002 1:25:29 PM
From: DanZ  Read Replies (1) of 11568
 
Sell 2000 NUAN 2.90 (not personal sell)
Buy 500 ADI 20.25

Rational: NUAN is dirt cheap, but I think that ADI is a higher quality name. Just spreading out the funds a little more.

ADPT is having a good day considering the SOX made a new 52 week low at 295.20. It is up a penny. This might indicate that it is sold out. The volume is lower than normal today as well.

If the market can hold recent lows and bounce, there might be a rush to buy as confidence grows that a bottom might be in.
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