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To: straight life who wrote (3103)6/29/2000 4:38:00 PM
From: Ron  Respond to of 10714
 
You short term folks are entertaining. Look at a 400 day chart for CREE. Now consider that earnings are JUST THIS YEAR starting to really accelerate. I play it long term and short term. See this as a healthy opportunity to buy some trading shares when it bottoms and starts to move back up, which it no doubt, will. In the meantime, will continue to hold my long term CREE from 42 and 22.
Cheers
Ron



To: straight life who wrote (3103)6/29/2000 4:40:00 PM
From: Yogizuna  Read Replies (1) | Respond to of 10714
 
Little rays of hope are showing up here. The hourly chart is now deeply oversold again, and the daily chart, the one I wanted to become oversold before considering buying some shares, is now starting to become oversold. So it looks like may see the 120's as I wanted as the daily chart becomes oversold.
Then we might get the real buy signal. As of now, no confirmed buy signal just yet. Yogi