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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?


To: eyebalz who wrote (5947)2/2/2001 8:05:56 PM
From: Jane4IceCream  Read Replies (1) | Respond to of 19633
 
NC...nice chart, breakout territory, Low PE....defensive play maybe.

I have no idea at the moment regarding Monday other than CSCO, margin calls, lousy looking charts, etc.

I'm concentrating on the weekend!

Jane



To: eyebalz who wrote (5947)2/2/2001 8:43:07 PM
From: Paul A  Respond to of 19633
 
eyebalz, if thats all you have to base your speculation on its probably better than just about anything else we use.. Randy is great.. I have mooched off him for years and years and years :) :)

funny thing- I dont think I ever posted a single message on that thread in all my years on s/i but I follow just about everything he speaks.. err types..

Jane- I couldnt pull the trigger on a CS buy today.. and I always ALWAYS burn myself with position trades trying to get in 1/4 cheaper etc etc.. Oh well.. I saw 20, which was my 'ridiculous buy' price I never thought id see today and I let it pass by.. oy..

Folks, I have no problem in saying that it is time to crack a beer and veg. out.. I am beat.. Memory prices plunged again this week, and pretty soon 64mb will be under $20 bucks.. Im a very happy man since people are upgrading like mad..

STEC numbers next week should be real interesting.. I simply cant see how they will sustain their level of growth Tom.. should be interesting tho..

Anyone playing the flash monsters? SNDK is working out like I hoped and broke the 30 barrier.. SSTI should fall as well.. Im hoping for SSTI to move below 12, and SNDK to hit the upper teens.. The only thing keeping these two alive is the huge short positions that need to unwind (funny how shorts actually save a stock from freefall).. Dont get me wrong- i love these two companies and they are cash cows, and ridiculously cheap value plays but I just dont see any reason to take a serious position at these prices with all the volatility and lack of forward certaintity.