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Technology Stocks : RF Micro Devices (RFMD) -- Ignore unavailable to you. Want to Upgrade?


To: HudsonDog who wrote (2002)1/14/2000 7:52:00 PM
From: Retire@40  Read Replies (1) | Respond to of 4849
 
Drago...I have been a steady but not everyday poster on this thread and I wasn't offended by your comments...I found out long time ago not to rely on market timers...I am more than capable of making timing decisions myself...having said that I do respect Robert's opinions and trading analysis...he is a very good trader and I respect him enough to listen to his opinions...I almost posted last night that I saw RFMD developing a very nice rounding bottom pattern which could be a very strong bullish pattern and a nice base to work significantly higher over the next 6-12 months, but didn't want to look like I was being argumentative...my opinion on the overall market is that we ARE very high on a valuation basis and I think it is a trader's market for sure...I currently hold RFMD, JDSU, EMLX, and NOK as my core LT holds and am only trading other positions...I even trade some RFMD shares from time to time...RFMD broke new high today along with other specialty chip stocks like AHAA and ANAD. I like this group which also includes CNXT, VTSS, PMCS, and BRCM going forward. IMO out with the Nets and in with the Chips. RFMD should see 100 by June and another stock split avoiding some kind of earnings shortfall.
Emac

PS Please feel free to post and not lurk...the value of a thread like this is to have differing positions discussed in
an open forum...keeps us from becoming complacent and making uninformed biased trading decisions.

PSS Market could tank next week or next month and BB would look like a genius and we would have pie on our face. LOL