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Strategies & Market Trends : Group Therapy -- Ignore unavailable to you. Want to Upgrade?

To: E. Graphs who wrote (2543)	10/20/2000 10:42:27 PM
From: country boy	Read Replies (2) \| Respond to of 4564

Hey E: Yes, CRUS is one I've kicked myself over and over about---I watched it bust through twenty on good volume and didn't buy---had other interests at the time and, oh well... Re. MU: If there was ever an oversold stock... I'd been watching it drop steadily, with not good days at all, and I bought at 40 two weeks ago, thinking that was as low as she'd go; I remember me and Al talking about shorting it each time it hit that resistance (old 80) all last year. But I stopped out at 39 1/2 when I saw it wasn't done. I'm reluctant to buy until it closes over 40 and works through at least that much overhead. Given the improved climate, I'd say a test of 40 is a guarantee. What are your thoughts on the Naz? I think these two back to back +2 billion up days on top of last Friday's big move show the bottom is in and a real rally is underway. I like the moves on good volume in all the big names. Trouble is there's so much resistance to work through now. Yet some stocks like TQNT are really responding well to good earnings which is a refreshing turn (can you believe MU at 35 earning $1.20 last QUARTER). ISSI is up 50% in the last three days from a greatly oversold position and earnings on the 25th I hope will push it to 50% more. KOPN looks a lot like MU---maybe they're both poised to move like IRF did the last two days. Have a good weekend, cb