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Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?

To: Boplicity who wrote (11969)	3/27/2001 10:48:58 AM
From: T L Comiskey	Read Replies (1) \| Respond to of 13572

From the MDD thread Slowdown in US coming to an end: St Louis Fed chief PRAGUE — St Louis Federal Reserve Bank President William Poole said on Tuesday there were signs that the US economic slowdown was coming to an end, noting that US economic growth should pick up in the second half of this year and accelerate further next year. Click below for the rest of his 'View'... bday.co.za

To: Boplicity who wrote (11969)	3/27/2001 12:20:48 PM
From: Sig	Read Replies (1) \| Respond to of 13572

Re Channel: I don't think the charts or channel is the entire answer. On Qcom if one had 10k shares it was once worth $1.92mm, which decayed to 640k. Not too bad, so you zip off to Monte Carlo to play craps. As the plane lifts off on Mar 5 Qcom starts down and in a week you are only worth 470k and one is faced with the prospect of having to go back to work. So with everyone shouting depression and techs getting absolutely slaughtered one has to decide that Qcom will be "different" and not drop farther, So we will buy the dip as the chart says its time. Call the broker from France and say buy $200k of Q on margin, and if chart is wrong plan to fill out some job applications after getting back home from a delightful(?) trip because you may have only 270k left??.. Well that's just not "me" to do the job. I'd tell him to sell it all at any price and start all over. siliconinvestor.com Qcom has to have a lot more going for it than just the channel if one is to buy and hold it. But buying the dip in the channel looks hugely beneficial. Sig