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Technology Stocks : Wolf speed -- Ignore unavailable to you. Want to Upgrade?

To: unclewest who wrote (4499)	12/11/2000 8:52:10 AM
From: JH	Read Replies (2) \| Respond to of 10714

Unclewest, Intraday tic charts reveal every little squiggle on a minute-to-minute basis (candlesticks basically show open/high/low/close) so it can sometimes reveal support/resistance data which is hidden in conventional charts. Since the data is so dense, even my Bloomberg only shows a maximum of 30 days' worth of intraday data. I haven't really looked, but which free on-line financial data site shows multi-day intraday tic charts? I agree with you about the wisdom of holding a larger "core" LTBH position in CREE (and adding on dips), instead of trying to time the short-term direction of the stock. My recent efforts at trying to "daytrade" CREE was really nothing more than an attempt to scalp a few points here and there using my smaller "trading" position. CREE is trading post-split starting today. Premarket opening indications are $40. That's equal to $80 pre-split. Chances are pretty good that we have climbed out of the chasm (on the charts). I have to admit I'm itching to pull the sell trigger to lighten up a little here, but in the longer run, since CREE seems destined to climb substantially higher, why mess with short-term guesses? The next couple of weeks should be very interesting for tech stocks in general. Most funds are underweighed tech stocks (relative to their market benchmarks), and seasonal liquidity is positive, so my guess is that we're headed higher. Would be nice if we get to $50 before New Years !