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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area
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To: Bosco who wrote (2222)11/7/1997 10:05:00 AM
From: Crossy  Read Replies (1) of 37387
 
Bosco,
for me this is the selling-climax, actually NASDAQ-comp. is forming an inverted head & shoulders. Now the NAZ is bouncing off its lows. Unfortunatley I own WDC, so I'm not delighted, OTOH, RDRT held firm this time.

WDC indicates pricing pressures AND (!) more expensive components in upcoming products. I guess these are those MR heads. I might get rid of my WDC today, but plan to hold tight on RDRT..

best wishes
CROSSY

BTW: if the Nikkei retests 14000-15000 range I might buy Nikkei Index LEAPS...
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