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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Kelvin Taylor who wrote (11295)	6/29/2001 10:05:00 AM
From: Paul A	Respond to of 19633

Yeah.. I dunno.. I just still cant believe that with the lack of forward visability, and even Greenspan warning that things are a bit worse then they had hoped... why are peopel so ready to buy the bad news? ah well.. I guess when you really sit down and think about it, if not for the volatility and the silly runups and drops- we wouldnt be here.. but my problem is, the second I short something or go long- im offended when it dosnt go my way : ) : ) I bought some IRF near 35 this morning.. MSCC I have a short at 76, and CCMP im waiting till we get into the mid 60s to start my earnings position.. ALl my semi shorts are going to be in 3 positions.. Just spreading the allocation.. but IM pretty much taking it real slow since im really just trying to relax.. I spend alot of time watching a yellow jackets nest being build outside my window.. the most amazing thing in the world.. Do you realize they actually have like 20 bees that 'fan' the workers building the next so they stay cool? ok.. im cracking up now.. CCMP just hit 64.. decision time : )

To: Kelvin Taylor who wrote (11295)	6/29/2001 10:05:33 AM
From: Kelvin Taylor	Respond to of 19633

CCMP continues to surge as belief the semis and related stocks have reached bottom. the "U" turn has turn "upwards" if semis rally on warnings the what will make them go down??

To: Kelvin Taylor who wrote (11295)	6/29/2001 10:08:55 AM
From: Kevin Podsiadlik	Respond to of 19633

It's also "marking up" day for the mutual funds. The old familiar high-flyer names are going to see plenty of support today from the funds that still hold them.

To: Kelvin Taylor who wrote (11295)	6/29/2001 11:02:07 AM
From: Doc Bones	Read Replies (2) \| Respond to of 19633

From Briefing.com: After Hours Movers : -- Update -- Communications chips moving higher off PMCS' "better-than-expected warning"... From TSCM: Jim Cramer PMCS 6/29/01 9:37 AM ET I bet this PMCS closes down on the day. As much as these mutual funds key on this one for performance I still think there are enough people who realize that it doesn't belong up here after blowing up like this. Call me a fundamentalist, but it is too absurd that the mark-up artists can keep this one up all day. One to watch closely. Cramer also did a piece yesterday: Arrogance, hubris? Or brilliance? I am talking about Invesco's decision to buy the beaten-up communications semiconductor companies. <snip> Now, I see that some of the funds, which actually sold some of the names, are picking this moment to call the bottom. Short term they have the ability to pretty much have their way with the stocks. So...many think they're overvalued (including me), but be careful out there.