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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?


To: SJS who wrote (13702)7/31/2000 12:12:02 PM
From: The Ox  Respond to of 14427
 
Trade or Hold....

That's up to this market<vbg>! I expect this purchase to be held for a long while but if this thing runs back up to the high 80s in a day or 2 I may pull this latest purchase off the shelf and take my swift profits. If, on the other hand, we get a slow steady rebound in both NT and the overall market, I will hang on to these new shares.

I'm expecting more trouble ahead, at least a very choppy market for a few months. If we get a slow steady bleed, I won't mind but if things start to look real scary, all bets might be off and I may just move to the sidelines completely. I really don't expect a crash like scenario to play out but I won't ignore the possibility. I get the feeling we are seeing a lot of big money playing ground hog day on a weekly basis. If they see the sun shining, they will be buyers but if they see clouds....it's dump time. This will only play out for so long before we get a catalyst to move this market. If I had to guess, the catalyst won't be around for a few weeks to months.

Just my opinion,
Michael



To: SJS who wrote (13702)7/31/2000 12:44:41 PM
From: The Ox  Read Replies (2) | Respond to of 14427
 
FWIW category:

Looked at CREE. My read is back to up to $130.

(no position at this time...just what the charts are telling me)