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

To: im a survivor who wrote (29980)	1/26/2001 11:01:07 AM
From: edamo	Respond to of 65232

keith....one never gets hurt when even the smallest of profits are taken off the table.... market perception is returning a bit more to reality....all those that believed that a certain sector would maintain exponential growth and have global dominance (e.g...all the world population will have cell phones, or computers, or pda's or broadband, or fiber or whatever) are learning a lesson in real world economics and limitations in growing a tangible infrastructure...no different then those who currently look to utilities and alternative energy to happen over night and solve power generation short falls... quite happy with atml..added another 10k shares at 15 7/8....will probably trade higher and lower during the day, but the volume that crossed at 3/4-7/8 was impressive, a great number of block trades..it's done 7mil+ shares in a narrow range...if it ends the day at 16 with 20mil shares this is a good basing indicator....bases are built not with rapid price changes, but with grinding away at the supply, until its all gone, then moving up and taking out the next level.....watch xlnx, it appears to have held the 49 support level...it can quickly get back to 57 with some market semi euphoria assistance.... keep tight stops...don't let dead money work against you...there is light at the end of the tunnel....how much brighter it gets is now dependent on reality of the economy and company specific growth....perceptions of what was and could be are on the wane.... good luck ed a. p.s...don't follow ssti, it's a small company in the real world....i prefer companies with over a bil in revenues...ssti will grow, but also not so diverse as an atml