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To: JH who wrote (4507)12/11/2000 8:55:59 AM
From: Jason W  Respond to of 10714
 
Chances are pretty good that we have climbed out of the chasm (on the charts).

Careful with your use of Gorilla terms. You could get someone more worked up with your chasm crossings than your trade quantity info. <G>

Twice as many shares, woo hoo...I'm catching ya John...oh wait, they'll double YOU'RE shares also, forget it:-)

Jason



To: JH who wrote (4507)12/11/2000 9:41:16 AM
From: JH  Read Replies (1) | Respond to of 10714
 
Sold 1/3 of my entire position in CREE at opening at around 41-3/8.

Believed that the opening +10% gap was a little overdone. Will be buying back at pullbacks, closer to $37-1/2.

Not exactly sure why, but the NDX rally has quickly exhausted from a limit-up opening, into a decline.

Entered orders to sell at 41, 41-1/4, and 41-1/2 in a 1:1;2 ratio. Drats! The last one did not fill, so I sold less than I thought.

Think I'll buy 'em back in a hurry if the market can hang on in positive territory. Cree now $40.