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


To: im a survivor who wrote (31421)2/20/2001 3:27:32 PM
From: edamo  Read Replies (2) | Respond to of 65232
 
keith...

i have been buying atml at all levels...why? fundamentals, still has some semblance of an uptrend, 40%+ above its low, up on high volume, down on low volume...how low will it go, i really don't know....market psychology precludes technicals as much as fundamentals........high probability that this is not the high of the year for atml...atml has been trading quite a few 10k+ blocks...funds appear to be accumulating, analysts holding buy-strong buy rating.

personally i'd avoid jdsu,sunw,ntap until they hit and come off a bottom....almost impossible to catch an absolute bottom, but stocks that trend down continue to do so until they base a bit.....

nobody said it would be easy.....