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Strategies & Market Trends : Group Therapy -- Ignore unavailable to you. Want to Upgrade?


To: country boy who wrote (1306)5/2/2000 2:56:00 PM
From: Duane L. Olson  Read Replies (1) | Respond to of 4564
 
CB.. Still have lots of folks wanting to get out and keep what they have, as I understand it...so the move upwards is going to be in fits and starts.
Have been ready for a little pullback after a pretty good move up above the overhead resistance.....and have been expecting a test back towards 3800, as I mentioned to "Al the Bounce", Didn't expect to actually go all the way back to 3800, however, because of the strength of the move through that O/H in the first place.
I'm using today to buy more... even added a few more CYMI, though I have a fair chunk of it, as you know. Added CAMP, LTXX, LSI also....looking at NT, BRCM, more LSI and TXCC as we go into the second half of the day, if bargains arise.
I'm about 70% invested again, after being as low as 15%-- would surprise me to see a reversal yet without a serious bump off of 4000 (and 4400, I expect).
Actually, with CYMI and CTEC up, and not much else down, this doesn't seem to be all that bad a day for me....I could learn to like down days..<G>
tso
Hey, if I suddenly disappear for a week or two, like tomorrow, -- I'm traveling...
Good luck in the market!!
Duane