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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: maverick61 who wrote (36613)9/27/2000 4:27:13 PM
From: Rick Buskey  Read Replies (1) | Respond to of 57584
 
Like what,give me an example.Look at NT,they were flying high,good news-(sold out of all their fiber prod.,etc)---and now look at them--------was $86 a couple of weeks ago--now $59



To: maverick61 who wrote (36613)9/27/2000 4:39:10 PM
From: bobkansas  Respond to of 57584
 
Bought SCMR, FDRY, TMWD, SNDK, WIND, KOPN, and ADCT near the close today. Used about 3 percent of my total port. I have been dollar cost averaging into 30 tech stocks over the past week and a half. Still have 10 percent cash left to buy stocks for the rest of this week and, or into next week.

My entire stock portfolio is up today at the close. Very strange. I do have a lot of SEBL, NTAP, and QCOM. However, no positions are over 7 percent of my total port.

Have a fancy option butterfly spread in QCOM that could be a great return i.e.500 percent. We shall see.

Other than that have all cash in my trading account. Plan over next few days to buy on several stocks -- 4 to 5 month out in time and out of the money (ie. strike price above market value of the stock)CALL options on good tech stocks that are beaten up. No use of margin.

This is the buying season when people are hating tech stocks. The bottom to this market must be fairly close. My famous last words.

Anyway, thanks to all of you who contribute here. Especially to RANDE.