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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (28159)	9/12/2000 4:14:04 PM
From: shasta23	Read Replies (1) \| Respond to of 68226

HI HARRY! Your cautiousness made me change my mind on RFMD and i sold at 38 5/8 when it looked like the NAZ was rolling over. I move like a flag in the wind sometimes but this time that was a good decision and i will call it adaptiveness. Held CMTN and the stock acted like sh*t. Let's hope they have some good news later today. Actually did a NONO and lowered my stop a little bit from 46 3/8 and would have gotten hit otherwise. Maybe tomorrow i wished i would have been. Flipped GLW for pizzamoney off 280 support but that stock gives me ulcers the way it jumps around. Closed out in the end and only kept CMTN. CSCO's close is worrisome:almost at the low of the day, clearly under 200SMA which has not happend for years. But maybe it's a bear trap and we go up tomorrow. NAZ reached almost our target of 3820. So ideally we test that level early tomorrow and then rally from there. Would be a buyer tomorrow am: candidates without any chart study are surely MERQ,GLW,CSCO,klac and other semis... As a value play i start to like IFMX here again between 5 and 5 1/2. The recent pullback is on low volume and the OBV shows positive divergence. Stefan