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To: seahorse who wrote (5699)	2/29/2000 11:49:00 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 35685

I think CREE is not done offering a buying entry lower it is now retesting 200 without benefit of hefty volume looking for a pullback to mid-160's or maybe upper-150's its breakout was classic Elliot Wave three legs up, with gapping second leg its third leg up was stronger than EW dictates but it saw and pursued 200 level still suspect we will see 150 again CrackerMan dont see that happening we will see my current attention is more with ELON its breakout was so stunning this week extreme volatility coming up it went from 40 to 101 3/8 retraced would lose about 23 pts so about 78 but the rise was so swift, that the fall will also be expect an overshoot past 78 it will offer some easy quick pts next then it should grind down a bit on second round down then it should offer more steady upward movement I am attending an Orlando conference hosted by Echelon (ELON) on Thursday acting as a guest from some guy Volt knows I might not wear any shirt should be very stimulating with QCOM away from 120's I have more margin buypower now gotta get into these nextgen concept stocks like CREE, ELON / Jim