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To: E. Graphs who wrote (3572)10/3/2001 4:07:54 PM
From: E. Graphs  Respond to of 4564
 
Country Boy,

I daytraded some tech today. QLGC was great! I even turned on CNBC. Haven't turned that on since last November when I started investing in gold. CNBC's reporting on gold is just lousy......but they sure love to pump up tech.

Dumped everything when I heard the news that another plane got swiped. Made some fast money, though. Felt just like the good old days....

QLGC hit resistance at the downtrend line, which is about what I expected from this rally. I wonder if that's it for now?

siliconinvestor.com

Continued good luck to us.

E



To: E. Graphs who wrote (3572)10/3/2001 7:04:25 PM
From: country boy  Read Replies (1) | Respond to of 4564
 
Hey E:

I share your sentiments, except for the mortgage rates, which I don't think will go down much more from here, though I'd sure like them to.

The return on cash is now so low that it makes stocks at these levels seem like no-brainers a year from now. Surely if we pick carefully we can do better than 2%?

I like the bounce in some stock like SEBL up to 17 from 12 in the last two days. I missed that move and like that stock under 15.

I'm not getting into techs in a big way, though some of them could be in for some big percentage moves, just based on such an oversold condition. Fundamentals for many are 6 months away from improving.

I'm searching now for some solid earners in this tough market. Got any good ideas?

BTW, do you remember the analyst's name who called the end of the Semi's run (and all techs for that matter), back last year sometime, when they were near their highs and all the CEO's said they saw no slowdown in sight? I remember thinking then, "Where in the world is this Guy's head?" Just wanted to throw him a carrot and find out what he thinks now at Naz 1500. Got to say he was a lone wolf and went way out on limb, but got it just right.

cb