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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: Blue On Black who wrote (3702)	7/6/2000 3:40:12 AM
From: 2ripley2	Read Replies (1) \| Respond to of 19219

AWOL - not - just lurking JT - ditto Angel's thoughts... "we are merely lacking your expertise" Yikes -- cable installers were here today & kept me offline for several hours as our stupid cable box had not been "grounded" & located at other side of house from electric box (evidently a major "no-no") so they had to lay cable (for later burying who knows when) above ground way the heck out on the utility easement back to the other side of the house, install a new box, re-route so inside TV's would still work, new outlet - yada yada yada. Luckily they had a deal going where the installation & 1st mo service was free. -- Had DSL since Oct 99, but they tell me this is several times faster + it is about same monthly fee + the DSL service I had kicked me off after 2-hours or 10-min inactivity... cable is live 24hr/day unless there is an outage... guess you can't win them all... just have to plan limit orders with that in mind. They spent the last 3-mo laying new cable in this area but still have a few programming glitches which should be almost over now. Imagine my horror when I got back online (after market closed, of course) to see how those few hours deteriorated. Although I planned for the downtime by placing buy orders low & sell orders high, it was a little unsettling to see... QCOM..... took such a dive at the end while the COMPX seemed to recover slightly (from what I can tell from a 30min chart). Breaking 60 support (during market hours) has me rethinking my strategy. Had 3 limit orders in low to mid 60's, but it's looking like it could be headed quickly to 50, maybe lower. Still holding some @ 64 1/2 & 69 1/2 & market seems to be hammering it on bad & good news. Earnings 7/19 which I think will be good, but concerned about forward comments @ conference call, considering Korea, Brazil, European/Nokia/GSM war + it's summer! -- Thoughts? JDSU not giving it up enough for re-entry since merger w/ETEK approved by DOJ. -- Thoughts? If these questions are too much of a bother at this point, I understand. Don't understand options & a chicken to play the short game, so short-term longs are what I play (dumb as that may seem after today's close & index closes, sox sector downgrade, earning warnings, etc.). Hope life at the J.T. home is returning to normal now that your wife is back from vacation. tia, 2rip