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


To: dennis michael patterson who wrote (2245)2/25/2000 10:49:00 PM
From: Retire@40  Read Replies (1) | Respond to of 4849
 
Investing 101...buy Low. I agree that the Nasdaq is high and in the top of its technical trading range right now...so a pullback is to be expected...that is why I am mostly trading right now with the exception of my LT positions. The DOW however is starting to present some incredible buys in the banks, oils, and conglomerates like GE. It won't be much longer before money managers can't resist any more and then the momo's will come in. I see the DOW trading no lower than 9300 which would take it to the lower end on the bollinger bands on a monthly chart. DOW is already technically oversold on every other measure I look at. You will probably get a chance to get back in RFMD at some point and I am not one to chase stocks either...wish I would have chased it at 106 today though...lol. Hope you get to feeling better!
Emac



To: dennis michael patterson who wrote (2245)2/27/2000 12:42:00 PM
From: Carl Mays  Read Replies (1) | Respond to of 4849
 
Dennis,

I'm surprised to see that you sold your core position of RFMD. Did you sell due to market conditions or company valuation? I have also been raising cash during the recent rise in the nasdaq but have chosen to maintain my RFMD position. This is a tough stock to time and I've had alot of success holding a core position and buying trading shares on the dips. I do the same with vtss.

Regards

Regards