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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (3730)7/28/2000 9:56:31 AM
From: Zeev Hed  Respond to of 30051
 
I trade the techs because of their volatility, the core has old economy like MRK, on which I simply write covered calls to increase returns.

Zeev

PS, I just said good bye to QLTI at $71.25 a cool $20.75 gain, covering with some hadnsome margins the loss I took on this one two weeks ago. I am back in CDTS at $15, but I warn, this one is dangerous.

I am having problems with SI speed again, anyone else has that problem?



To: Crimson Ghost who wrote (3730)7/28/2000 11:42:32 AM
From: Matrix_Man  Read Replies (1) | Respond to of 30051
 
Goerge, I have to say, I don't know where the Naz is going, I don't know where the Dow is going, but, if you want a value stock which is also a growth stock, take a look at CREE. They pushed that sucker down to 97 today! Must be because earnings were out yesterday and they didn't match last quarter's 136% yoy earnings growth - they came in this time at 150% yoy. At a price of 106, they have a PE of 100, and a 1 year peg of .67. I bought more yesterday, I bought more today.