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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (12811)	3/8/2002 11:57:51 AM
From: CommanderCricket	Respond to of 23153

Michael, It's not time yet for some tech's reagrdless of the exuberance. The telecommunication and computer industries and the supply chain that supports it is still on its back. This includes just about anything to do with electronics. I will do a better job shorting the EMS Providers this time around. Solectron with their zero's coming due is going to be interesting to watch. The only ones I wouldn't short is FLEX and CLS. These companies are starting to get it together, but the reward going long isn't there yet. Great to trade though. BTW: I've stated to several via PM that I've never seen the EMS Providers actually provide design services other than DFM. This is slowly changing.

To: The Ox who wrote (12811)	3/8/2002 12:05:12 PM
From: Warpfactor	Respond to of 23153

I'm not heavy into tech this time, Michael. Maybe I'm gunshy. I deployed about 12% of my portfolio to tech on Monday, I was sitting on 12% before that. Now that we're seeing some breakouts, I shall deploy another 10-12%. My cautious, relatively light exposure of course means that that NASDAQ is setting up for a rip-snortin rally to 2500. My heaviest positions in QLGC, CY, NTAP, MRVL. Warp

To: The Ox who wrote (12811)	3/8/2002 6:55:16 PM
From: chowder	Read Replies (2) \| Respond to of 23153

Michael, I don't know if it's time to invest a lot of money into tech's or not. I do think it's time to establish some longer term positions though, without going overboard. Let's take JNPR for example, since it's one I mentioned I bought a week ago and I've been following it along. In the near term, JNPR is overbought after running up 35% this week. It's due for some profit taking but the chart doesn't indicate a full fledged pullback. In looking at the weekly chart, (for a longer term view), you'll see a possible reversal sign for last week with this week providing the confirmation. Add to that, the volume has risen above average which indicates the buyers are coming back. stockcharts.com[h,a]waclyiay[pb10!b50!b200!f][vc60][iut!Lh14,3!Lb14]&pref=G The relative strength indicator is on the rise, as is the Stochastic Indicator from a deeply oversold position. Any tech stocks with similar patterns should be a good prospect for establishing a position for the longer term, IMO. My plan is to wait for some additional follow through before adding to this position. I will add when the weekly Stochastic rises above 20. I could change my mind later as I like to stay flexible, but that's the plan for now. dabum