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To: hdl who wrote (160800)9/18/2000 3:25:32 PM
From: John Koligman  Read Replies (1) | Respond to of 176388
 
Not sure what timeframe you are talking about, and I don't put too much faith into those formations anyway, so I would not be of much assistance in 'reading the tealeaves' that way. If the NAS gets back to it's spring lows you might get a chance to cover around 30. WAG on my part though. I like this time of year as I've said before because I sit around drinking coffee and watching the techs tank. Lots of decent PE situations being created. Personally I like techs that have really cratered, and I have been trading T while waiting. Meathead was talking about low PEG growth situations the other day, I think telecom has some, with WCOM catching my eye in particular.

Regards,
John