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


To: taylorfife who wrote (32016)2/27/2001 8:43:13 AM
From: edamo  Read Replies (2) | Respond to of 65232
 
a mclean..."good stock to have on the way back up..."

better to wait for extr to move back up and base, then believe you could catch the bottom of a high pe stock in a low pe mentality market....

good market will lift it, perhaps dramatically...
bad to sideways market will allow it to maintain its downward momentum....look at a weekly chart with momentum indicators....it is not so encouraging....

if you have discretionary cash and have a risk tolerance, and not on margin...go for it!

ed a.



To: taylorfife who wrote (32016)2/27/2001 11:44:44 PM
From: RR  Read Replies (1) | Respond to of 65232
 
Hi A. McLean: EXTR.... sorry couldn't respond sooner. On the road traveling.

EXTR is one of my few favorites and has been for months. I only invest in options, however, no stocks. Consequently, I have been trading it short term.

For LTBH, I think you have plenty of time with EXTR. You might wait for confirmed reversal on volume, then enter. I think the stock is a winner. In LTBH accounts for relatives and my sons, for example, I have it as a LTBH. In fact, I may go ahead and buy more if it does go to 21 as you indicated. In those accounts, I have used a very disciplined method for years of investing a little every month, not trying to time any issue or anything like that, just steady and regular investing.

Also, you may have noticed that EXTR has been mentioned a lot in recent weeks in the financial community. Quite a few favorable comments.

I also like BEAS and will be watching it very closely this week as it gets more beaten down like so much else.

Take care.

RR