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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Techplayer who wrote (37963)	6/8/2000 7:18:00 AM
From: Jorj X Mckie	Read Replies (2) \| Respond to of 63513

tp, There was some discussion on AMCC yesterday on the thread. By P&F standards we would not be buying because it has a high pole reversal. Basically, it retraced further than it should have. However, I went short on AMCC a few months ago when it gave a pretty reliable sell signal and got spanked when it ignored the sell signal and launched to new highs. I got out with a 10pt loss, but it continued up another 50pts. So I won't short AMCC and my discipline says to avoid going long at the moment. JXM