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

To: pompsander who wrote (3365)	8/2/2000 4:30:51 PM
From: tekboy	Read Replies (1) \| Respond to of 10714

I picked up some March 105 calls today... tekboy@miserylovescompany.com

To: pompsander who wrote (3365)	8/2/2000 5:24:18 PM
From: Yogizuna	Respond to of 10714

Nope, no bounce today as those Nitres folks were probably dumping their shares at any price before they went even lower.... The weekly chart really signaled this pounding the shares are taking when it rolled over last week, which as it turned out, proved to be a major warning shot across the CREE shareholder bow..... Trouble is/was though, that most of us, even many chart technicians, do not pay enough attention to the weekly charts of stocks and indices..... And even though I constantly mentioned the danger of the weekly chart in my posts, I too ignored it when my daily chart system went to a buy signal, which is now back to a hold by the way. Strong hands are needed now to come in and support the stock, or we can easily dip below 80. Yogi