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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Mani1 who wrote (146969)5/7/2002 11:21:53 AM
From: tejek  Respond to of 1576882
 
Thankfully my stop loss at 26.49 kicked in before I got up. QLGC reports tonight, maybe someone knows something?

I think I am going to sit this one out, the market just does not seem to have any oomph to it.


Mani,

Its the Nasdaq that's having problems, and the big guys, like the EMLXs and the BRCDs, are the last of the tech stocks to correct. EMLX finally hit $23+ and BRCD has bounced off support in the low 19's. Assuming these supports hold, this would be the time to buy them but unfortunately, their 9/11 lows are still lower which means they could drop further after a rally. But the rally could be good for a couple of pts so its probably worth a trading buy. I may play EMLX tomorrow.

ted