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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Suresh who wrote (32137)5/2/2001 4:46:14 PM
From: dlu  Read Replies (3) | Respond to of 69747
 
Suresh & all...

I did some major selling into today's rise... took profits on ZIGO, JNPR, BRCD, EMC, NTAP, CREE, RFMD and several others. We have had an excellent run and I have no intention of giving anything back.

Mattie.... I had been watching ZOOX for a while and it just slipped my mind...as did XYBR and API... 2 others that are nice little momentum plays if you time them right.

Where is Harry? Vacation?

I returned from the UK and France last week. Didn't take my laptop with me... just let it all ride and forgot about the markets. I'm glad I did now... came back to some nice profits I might have been tempted to take too soon. I always have a bit of fear that I take profits too quickly... hope I did the right thing in selling off a few of my nice gainers. BRCD was my hardest to sell today... picked it up at 20 a few weeks ago and it's done incredibly well... ah well...

dlu



To: Suresh who wrote (32137)5/3/2001 11:53:34 AM
From: j g cordes  Read Replies (1) | Respond to of 69747
 
Suresh, I agree that things haven't gotten a lot worse and in some cases have leveled off. A few small companies will no doubt, because of a technology or patent win could run well.. but in general the buying in techs doesn't reflect underlying business.

From your perspective could you make a list of stocks you think are grossly overvalued on share price? Most likely to fall if things remain status quo. thanks, Jim