SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Oclaro, Inc. (Avanex-Bookham) -- Ignore unavailable to you. Want to Upgrade?


To: Shaw who wrote (1390)12/26/2000 10:31:11 AM
From: Shaw  Read Replies (1) | Respond to of 2293
 
Looks like I was a little too optimistic as usual, and bought too early at 58 1/16 0n Friday. My short term trade, didn't get the bounce I was looking for, this morning. Oh well I am just going to stick it out, rather than sell at a loss.

I like the way Avnx, hung in there this morning, in positive territory, long after its peers went negative. This tells me that institutions and others want to own this stock, going into the new year.

So my plan for this short term trade, is to move it to a longer term swing trade category. It shall be interesting to see if we get a bounce in here over the next few days.

For those that are patiently waiting for the absolute bottom, my hat is off to you all, and I still can see your day coming. I am just trying to play the fast lane game, with my trading shares, and catch a few rides as the stock bounces around before settling in for the coming strong up trend.