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Technology Stocks : Wolf speed -- Ignore unavailable to you. Want to Upgrade?

To: azluke who wrote (3051)	6/22/2000 9:09:00 PM
From: 993racer	Read Replies (1) \| Respond to of 10714

Its very nerve racking to have low inventory on The Cree. However, I do my best to wait.

To: azluke who wrote (3051)	6/24/2000 1:06:00 AM
From: Yogizuna	Respond to of 10714

Thanks AzLuke. I would like to see at least the 140's on this sell off before adding some shares, and that should mark an extreme oversold condition on the hourly chart. Trouble is though, the daily chart will still not be oversold in the 140's, so we may need to see at least the 120's before the daily chart becomes nicely oversold..... The weekly chart formed a "spike top" this week and appears to be rolling over to the downside, so things are now beginning to get very interesting! The ideal setup for me would be to get the daily chart nicely oversold, and at the same time, have the hourly chart become oversold again with a "positive divergence", which would mean a lower price in the shares, but a higher low on the main technical analysis indicator. All this is mere speculation now, and I may have to "play it by ear" as time develops. <g> Yogi