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

To: Jorj X Mckie who wrote (38483)	6/10/2000 3:05:00 PM
From: Rich1	Read Replies (1) \| Respond to of 63513

Message #38488 from Jorj X. McKie at Jun 10, 2000 2:19 PM ET Relative to past performance, 76% for the semis is where it starts hitting its stride. But I agree, we we get into the 80s, probably time to start selling calls or exiting positions. That's why I brought it up JXM. I don't know about you but I am not going make the same mistakes I made in March/April. I will be watching RS and overbought conditions very carefully. There is a lot to be said about LTBH JDSU is exactly where I sold it in April $110/112 NTAP which I was in at like $20 a share is $13 higher today than I sold it in April when I sold it at $72. True the whole bottom could have fallen and we could have went to NAZ 2000 but there has to be a compromise between LTBH and PnF. Stocks like RMBS,NTAP,MSFT,CSCO, ORCL,TXN,SUNW,LSI always seem to comeback. I think maybe selling calls might be a better idea for the future when we get overbought and sectors go up into the 80'2. What do you think?