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Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?

To: Trumptown who wrote (7173)	6/13/2001 9:51:25 PM
From: robert b furman	Read Replies (2) \| Respond to of 8925

Yea, I think these range bound markets test every ones resolve. All I am comfortable is buying during bottoms (which I think this is) - leveraging aggressively only at the initial price markup or consolidation and then waiting out the top. I always buy early but have been fortunate enough to sell early as well. I would be more nervous here as a short than worried as a long. The longs time to worry will come in the next 12-18 months. If the shorts get another volatility dip - I'm a buyer and will welcome being faked out. So I can go either way. I just think that this range bound price action HAS to be harder on shorts with big gains vs my recent longs that have just popped up. I'm ok with a retest back to the pivot point or a false start. I've learned to expect it and feel lucky if it doesn't happen. If it doesn't happen on 50 % of my stocks I'm hot on the selection process and adding to the failed stocks. I'm beginning to salivate on JDSU below 15 - I'm thinking it's a deal in the 12 - 13 range. Might be a 6-9 month wait at the most???? Bob