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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: shoreco who wrote (20630)	1/10/2002 1:42:52 PM
From: Dave Gore	Respond to of 99280

Thanks, Yes, RFMD is a momentum play and trade only. This stock is often worth buying anyway when it dips below $20 and with the good news and market holding steady and perhaps trending up, it offers a good Reward to Risk, IMHO. If it runs up quickly, I'll take profits. If it continues to act well, holds $19 then break 20, then I may hold for a few days. If the NAZ breaks down I'll sell for a small loss. It's all about playing the odds like we did with SEBL at $23/24, CSCO at $19, MSFT at 65.80, SANM at 20, BMC at 16+, SLR at 9.85 after its double retest of its 52 week low, etc, etc. especially if you believe, like I do, that with the attention and news today, the upside of RFMD is 3-4 points and the downside risk .25-1.00 in the short term(depending on where you set your stop loss, mental or otherwise.