To: Venkie who wrote (7873 ) 6/17/2002 9:35:21 AM From: im a survivor Read Replies (1) | Respond to of 13815 <<It's sure been a strong little stk as of lately...ldcl. Unlike K4...I would rather buy into strength instead of weakness. >> Actually, I do both......buying on weakness and on breakouts to the upside....but alot depends on how I act...market conditions, economic conditions, world events, and of course the individual stocks.....In the current market, buying on weakness has been the better bet, as the markets have not been able to hold ANY rally. So, in this market, with most stocks....if you buy after they have seen a nice rise, you have a 90% chance of the stock falling back...I bought both BEAS and RFMD on breakouts, only to watch them both crumble....still holding both, and may buy more, especially at these low levels......as for buying on weakness I look at it like this....if it is a quality stock...all dd checks out good.....future prospects look good and stock looks oversold/undervalued...then I will buy on weakness and wait this thing out.....some speculative stocks I buy on weakness, but future prospects must be encouraging, as I think they are with loudcloud...so, I buy both the blood baths and the breakouts, but the individual stock and market will dictate what I do.....when CCEL went from $10 to under $2, knowing the company as well as I do, I was all over it on the downside....she popped back up over 100% in a week...sold some, kept some.....will keep doing the same.......other stocks I think are undervalued such as redback networks and a few others......redback seems to be doing well.....They dont look like a chapter 11 to me...they look like a $10 stock on their own, or a nice ROI if a big boy buys them out, but then again, what do I know....they are executing nicely, but that doesnt mean the market will allow them, or any other stock to make a significant move....but redback under $2 and I will buy, and I will buy more at $1 and more at .50, if thats where the market takes her ( assuming no bad news comes out...but as of right now, everything is positive coming from the company...heck NOKIA just took a 10% stake in redback and I'm sure they did thorough DD as well....and they bought their stake at $2.25 a share, I believe )......so, ugly market today will = one of two things = Bankruptcy for millions if we pull a japan and stay in a funk for 20 years or = Nice returns for those that bought the ugly market and held thru a nice recovery ( assuming above doesnt happen ).... So, I will either be bankrupt down the road or sitting on decent gains.....hope it's the latter <ggg>...good luck to all.....