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To: carepedeum2000 who wrote (54165)8/14/2001 9:54:32 AM
From: DlphcOracl  Read Replies (1) | Respond to of 57584
 
carepedeum2000: Be careful with regard to playing and trading this "range". Each successive closing "high" has been lower than the previous one: 2300 plus, 2180, 2080, etc. Numbers are approximate, but you get the idea. I'm guessing the next "high" is in the 2030-2040 range (assuming that AMAT and retailers don't release dreadful earnings reports this week).



To: carepedeum2000 who wrote (54165)8/14/2001 9:58:15 AM
From: Silver_Bullet  Read Replies (3) | Respond to of 57584
 
NVDA has been really strong in the recent weeks and I now realized why. This same reason also explains todays weekness.

NVDA is trading up in anticipation of the X-Box release but the news out today is that it will be delay 3-4 weeks due to a defect in Intel's motherboard. So NVDA tanks. The anticipation of the X-box release is a great reason to trade this one but use caution as the unibomber lurks out there with any new product release. He struck today. I think its a good play and may see a new high if the market cooperates.

FT