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To: Jim Willie CB who wrote (6434)3/8/2000 5:24:00 PM
From: Jim Willie CB  Read Replies (3) | Respond to of 35685
 
a request to all traders
all too often my Technical Analysis is right on
but I dont profit from it

example today: CREE got to 169 lows
I predicted a range of 165-175 over the last two nights
I placed orders too late today, as it closed at 180+

request:
any traders who trade or invest in stocks I talk about
please send me PM email to make sure I get in or get out
I want to own CREE

and people wonder why I dont just use an online broker
I waited for my broker to return my call for 30 minutes this early afternoon
CREE was 171 when I phoned, and 175 when he called back
this can be frustrating

I can point to about 30 examples where friends act on my analysis and advice, but I dont
most evident example were those who wrote covered calls on QCOM this January (I didnt)

I get wrapped up in the optimism, I am slow to enter my next stock position
thanks / jim



To: Jim Willie CB who wrote (6434)3/8/2000 10:25:00 PM
From: Jenne  Respond to of 35685
 
So where do we go from here? It is starting to sound like a broken record, but the strength is in the NASDAQ. The minor recovery on the DOW didn't come anywhere near kicking it out of its downtrend. The NASDAQ on the other hand needed to take a break so that it can move higher from here. We have got enough fear selling this morning to begin a new leg higher. Just over 100 points from N5K, it is only one good day from a close above this level. Keep in mind that as we approach the April earnings, we first have to navigate the earnings-warning minefield. As we saw yesterday with the carnage that followed Proctor & Gamble's warning, the consequences of disappointing investors can be severe. The other possible fly in the ointment is the Initial Jobless Claims due out tomorrow morning. If employment shows up tighter than expected, look for both indexes to have trouble moving higher. On the other hand, a tame number could be just what the NASDAQ needs to power above that millennium mark, setting the stage for another whopper of an earnings season.

OI