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Technology Stocks : John, Mike & Tom's Wild World of Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Original Mad Dog who wrote (1113)	5/24/2000 1:10:00 PM
From: John Pitera	Respond to of 2850

I think that we are close in terms of at least a trading bottom, the further south of 3000 on the nasd we get, the more it becomes obvious that the FED will back off. It does not matter if you buy stocks like EXDS and QCOM are falling like a stone, so do you buy QCOM @ 71 or 56 if it gets there. unknowable the number. EXDS down to 52, ya it's probably OK to buy some here @ 55 maybe it goes to 35, it will probably see it's 200 DMA again (83) and we may need to sell it there? We'll see.