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To: mrs goldberg who wrote (7040)	3/12/2000 11:16:00 AM
From: Jim Willie CB	Read Replies (1) \| Respond to of 35685

I expect QCOM to pretend to be asleep for an hour I cannot see a prolonged visit into the 120's again CREE is days or a week+ away from heading into 200's fast ELON still seems ready to rollback slightly gotta get this TA over with and check out the 80 degree sundrenched beach out front possibly some nubile wenches out there please let me know what technical terminology is greekish I will explain a paragraph about each concept, no bigee / jim

To: mrs goldberg who wrote (7040)	3/12/2000 11:49:00 AM
From: Jim Willie CB	Respond to of 35685

TA on our fave stocks, then I am outtahere QCOM might have finally awoken... it sits above all three critical moving averages... money flow has actually risen in the last two weeks... relative strenk is very mediocre, nothing special the former upchannel from lateJan to midFeb has deteriorated to a simple sawtooth flat range bounded by 123-145... all we did on friday was to traverse that entire range... but it was too loud a wakeup call not to be ignored... shorts got screwed... we were above all MA's just two weeks ago, and it didnt last either, but the stenchy of Chinese political statements was fresh... now with Taiwan elections soon to be donedeal this week, maybe time for fresh air... volume was monumental on friday afternoon Q could drift down below 130 again, but my guess is for another set of repeated stutter starts until it runs for real CREE's chart is dynamic and strong... I see a bullish ascending triangle... in midFeb upon initial pullback it got down under 160... in early March its pullback took it down only to 170 but it reversed on close to over 180... the 18day MA is supporting this stock price well... she might offer herself for 180 again (and trigger my buy order).. its relative strenk is not great, and trending down... that is the ONLY negative I see on CREE now... next target: 240 since the retraction from 200 went to 160, indicating 40 pts of potential... nothing magic about the arbitrary level of 200... so the uptrend will just have to deal with it ELON shows a strange chart, atypical from one I have ever seen... so I cannot be confident about interpreting it... it has been hovering well well well above its 18day Moving Avg for two weeks... news supports this stock, with GE and Korean news coming exactly when the Naz came down hard... this stock price is unusually stable now... its money flow is even and pretty good.. its daily stochastx are at midrange, nothing swinging wildly... but ELON just cannot seem to hold its highs day after day (exception thursday)... with all the new Naz highs last week, ELON didnt assault the 100 level at all... I suspect this stock is tired Volt pointed out an interesting observation... ELON and QCOM have been tugging at each other for emotional psychology capital lately... if QCOM picks up speed, it might come at ELON's expense between 55 and 70, you got some open country, which speaks loudly about price instability... anything negative, even queer manipulation stories from HoreHouses, and this stock will come down some... doubt it will come down much though... it needs to retest the 70 level before being fully confident about shooting past 100... 18day MA is now 74-75, which will support that 70 sudden support level seen two weeks ago CNXT seems to have been the stock forgotten... two weeks ago, some brokerage house downgraded on price basis... that effectively threw it off the track... it careened from 130 down to 80 in five trading days... its money flow is wretched now, as low as it was in December when stuck in 60-75 range... it is now retesting to 80's... its daily stochastx is swinging down... note how it closed at 88+ with a low of 87- and high of 93.5 which means it aint holding its highs (daily stochastx measure this) it now sits below all three critical moving averages... it is trying to regain its footing... the 80 sudden support level should be solid again, since it worked once in a time of emotional pleading, and it is below these MA's... this thing sufferd a 5/8 retracement, from rise of 75 to 125... if its story is intact, a strong buy here... might be available even cheaper though than current 88, like 82-85 JDSU is about to retest lows for final time in the shorterm... it bounced off 18day MA shorterm support at 260 nicely and predictably... its money flow is still good... 248-258 is about as cheap as you will find this guy soon... any bad news and perhaps an overshoot to 240's where the 30day MA rests... 250 shows itself as a old high back in January (seems like years ago)... I think 250 give/take is about the best area for opportunity to buy gotta mention something here... QCOM underwent a postsplit funkyass funk of large degree... JDSU might undergo a funkyass funk of minor degree... they dont have the political overtone and badcloud overshadowning... but they do have a 50% runup from expensive to very expensive in less than one month... that usually requires some digestion, base building, and stabilizing I am outtahere, unless some fair maiden knocks at my door and takes me down not likely, Jim