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To: RR who wrote (20075)5/24/2000 8:51:00 PM
From: abuelita  Respond to of 35685
 
Hey Rick, it's amazing how that Royal Crown
improves your eye sight isn't it.
rose



To: RR who wrote (20075)5/25/2000 9:33:00 PM
From: RR  Read Replies (3) | Respond to of 35685
 
Steady Troops. It's not the end of the world. How's everyone doing? Have patience. The Naz may go down another 300. But stay cool, pick your entries, target shoot and execute.

Still like JDSU and CREE.

QCOM, what a disappointment and on the heals of the China vote. Art Pritchard hit the nail on the head regarding QCOM acting like DELL in the past couple of years. For years I was in DELL. Made me a lot of money. I was in/out of large option positions in it for years. When it started south, I had a difficult time practicing something ya'll have heard me say on here before for option plays, and that is when the position turns against you, get out and get out now. While it looks like a great deal in here, so did DELL back in its days when it went down eventually. My feeling today is that I am not buying any more QCOM unless true momentum returns to it. Even at these prices, I am not buying it.

Still a lot of opportunities in the market. Some will say wait for confirmation of a reversal. Heck, I've even said that myself, in that we need a reversal confirmed by volume. But, don't be afraid to execute.

What I feel strongly about is this, do NOT sell in this market. Unless something demands that you do, bite the bullet and have the guts to hold.

Remember, sideways for weeks, with zig/zags, failed rallies, a few bear traps along the way. A slow climb back for the NAZ, met with sellers. Stay with quality techs.

Let's hope Friday afternoon holds and the weenies don't sell.

Any bulls on here? YES!

Rick