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Technology Stocks : Full Disclosure Trading -- Ignore unavailable to you. Want to Upgrade?

To: Cary Salsberg who wrote (322)	4/26/2002 1:38:10 PM
From: Jacob Snyder	Read Replies (4) \| Respond to of 13403

OT: change in all orders: I am cancelling all orders for more of CSCO, JDSU, CCL, WPI, CMH. Spacing out previously posted orders for BBH, QCOM, TXN, ALTR. Leaving in place all orders for AMAT (at 22, 21, 20; 3% of port. each buy). Usually, on downturns, some stocks go down, and some don't, so I don't get any of some of the stocks I'm willing to buy. This time, I'm seeing everything hit my price targets (except AMAT, and we're close there). So, I've now run out of cash. I had targetted being back to 100% long, at lower levels for the Nas. Therefore, I'm spacing out orders, in wider increments. It is unnerving, that companies come out with good results, we see signs of a turn in the fundamentals of various industries, excellent GDP numbers come out (yes, the Bear Market IS truly over), but stocks keep going down. I think this may be the last best opportunity to buy, the end of the bottoming formation for the market. I want to get a lot of AMAT, and I don't want to run out of margin ability at the bottom, and miss this chance. It looks like I may have been a bit too exuberant; bought too much, too early in this downturn.