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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (25881)	12/19/2000 12:46:51 PM
From: Boplicity	Read Replies (1) \| Respond to of 65232

I wouldn't touch it unless you were going for a trade. I would wait for it to bottom before I did that. Long term, I think there are too many widget makers and too many providers. So I see consolidation happening in the Telco sector between suppliers and providers. For trades I'm watching stoch 5 3 3 simple. EXTR is in obvious down trend with-in a well established channel. If I were to venture a guess based on the channel I would say if it broke 48 the most recent low, that high 30's would happen rather quickly which would be the lower channel of the downtrend. So I would be a buyer for a trade if the stoch. turned and the stock held at 48, or the stock made it down to the high 30's. Greg