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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (21472)10/18/2000 7:35:26 PM
From: Ditchdigger  Respond to of 29382
 
Well Sergio, are you convinced we have bottomed? I have to admit, I'm not..Beating lowered,company guided estimates just doesn't float my boat..IMO, intel's earnings were the picture of corporate sentiment munipulation,,can't even blame the analysts on that one<g>..Futures are up strong,but so was the CPI/core and crude continues higher,don't see the inflationary tendencies subsiding for awhile.(not to mention a Euro new low today).I may miss some upside, but went full cash for now..Was nice to see JAGLX again finish in the plus, if only by 4 cents<g>..CPI #'s went largely ignored IMO..
I think it is interesting to note on the comp 15 min chart,,the lowest volume of the day occured on the opening dip...doesn't look like fear to me..Do you have a site/chart which more clearly shows the volume in relation to the price move?TIA
207.61.23.98



To: Sergio H who wrote (21472)10/19/2000 1:00:16 AM
From: Ken W  Respond to of 29382
 
Sergio,

I am averaged in on WDC at 5.19 and do not plan on selling any shares until at least 8 bucks per share. Case in point, last year or just a little longer ago. I agonized over NOVL at 6 bucks a share. If I remember correctly Ditchdigger was trading the stock this last spring in the low 30's...I don't plan on making that mistake again. <GGG>

TRKN on the other hand is just too attractive of a stock (swing wise) not to trade. LOL I still have the core shares that are now averaged at about 10 per share. You said this was going to be my kind of week.

Ken