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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?


To: John Curtis who wrote (24325)5/30/2001 10:51:41 AM
From: John Curtis  Read Replies (1) | Respond to of 27311
 
~$7.30. Well, that certainly didn't take long, did it? I take my eyes off it a couple of seconds in the excitement of another equity I'm monitoring and look at what the market does.

So I'm in with an initial traders nibble. Target exit point ~$8.5, target stop loss ~$6. It's only a nibble, however, because the head & shoulders is now approaching the "hang 'em high" gallows breaking point of the neck. And if there's one thing I like it's my head firmly attached to me shoulders. ;-)

Let's see how it goes...

John~



To: John Curtis who wrote (24325)5/30/2001 4:10:41 PM
From: P. Ramamoorthy  Read Replies (2) | Respond to of 27311
 
John,
Even though it looks dismal for the US market and for the tech sector, some markets seem to offer potential for a modest return. Example, Korea and China. Samsung deal with VLNC looks pretty good at this point.

In the US, the energy sector (the refining, natural gas) look attractive as Dick Cheney Energy plan unfolds in the next several years. This week's Barron's touches upon Chevron/Texaco potential for conservative returns.. Ram