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Technology Stocks : SMTI: SMTEK International, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Bwe who wrote (35)8/14/2001 10:48:48 PM
From: chartseer  Read Replies (1) | Respond to of 420
 
Hi Bruce!

Actually it has been a good trading market.
I ve done pretty good up until last week and this week.
Been playing the trading ranges quite successfully I must admit.

Speaking of JPM C & AXP they still sort of spook me. Is it something unseen or a combination of all that is seen?

Interesting action taking place in SGI?
Was todays dip a chance for the specialist and floor traders to load up their inventories to supply stock higher?

PEP really didn't move today with all that hoopla from Maria. Are you really long PEP?

Buffet bought Staples and HON.

Market direction is still up^.
But lacking conviction.

Then agin what the heck do I know?
I'm still just learning to play this game,

chartseer



To: Bwe who wrote (35)8/22/2001 1:09:54 AM
From: Tigress  Read Replies (1) | Respond to of 420
 
Bruce,

"...and unless you are a masochist or have tax gains you would like to offset, you should continue to be a spectator. Yes, you want to keep your positions and let them go long term, but we see little reason to play this market."

"...some looming unseen trouble. It's been a very tough market to make money in.
I'd like to see the NASDAQ Composite break the 200 DMA to the upside before getting long QQQ's."

Thanks for sharing Birinyi's comments & your insights, Bruce. They put things into perspective.

We just don't need (or want) another financial meltdown, but it does seem inevitable after seeing C break a triple bottom & the BSL.

I concur and will await MOABO.

Tig