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To: unclewest who wrote (2393)3/13/2000 12:23:00 PM
From: Jim Willie CB  Respond to of 10712
 
prediction: CREE to 240-250 by TaxTime
very very strong chart now
bullish ascending triangle
check it out, all you TA students
very nice example

arbitary ceiling of 200 since midFebruary
sudden downdraft to 160 lateFeb
(bounced off 18day Moving Avg)
revisit of 200 ceiling last two weeks
slight downdraft to 180 last week
pullbacks characteristically to higher lows on reduced volume
says loudly a potential of 40 pts new lift

target: 240 (overshoot to 250)
breakout is imminent, like in next 10 trading days
classic confrontation between uptrend an arbitrary ceiling
my money is with the uptrend

got my first CREE stock shares, done deal, I am in
a solid block of shares
yes, UncleWestWing, this means not looking for any lower opportunity
/ Jim Willie



To: unclewest who wrote (2393)3/16/2000 4:36:00 PM
From: freeus  Read Replies (1) | Respond to of 10712
 
HI UW:
Is this a buying opp for Cree (or in my case, a buying back covered calls now in a profit mode opp) or do you think there might be some bad news we don't know about yet?
Freeus