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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (28750)	6/21/2002 3:43:16 PM
From: Ditchdigger	Respond to of 29382

Naz broken 1450,,saw some fella say this was longterm uptrend level..moving a bit out of mm funds and into tech...rah!,rah!, rah!..<g>..hot here today, youser..DD eyeballing FMKT PS: the traveling wheelberries reported in from Indiana,,they're headed this way<g>..said they liked Banff Alberta, better than Alaska..

To: Sergio H who wrote (28750)	6/21/2002 6:37:57 PM
From: Ken W	Read Replies (2) \| Respond to of 29382

Sergio TGIF....yah buddy. This has been one crazy week. Price and volume is all over the place on most all of the stocks I watch or trade. It appears to me that the hedge funds are getting pretty cocky with their program trading, shorting into any rally and scaring the bejeezus out of any long side buyers. Long postion buyers are starting to get the clue and taking any little swing profit from day to day that they can get. Tough market for sure. This has been going on for some time now so I expect things to change very soon. Once everyone gets into the "new" way of making money then it is time for the pro's to do a "switch hitter" change to throw everyone off for a while. Kind of like the latest "buzz word" thing that goes on....remember "eyeballs", and some of the other fun ways to value stocks? Then it was "visiblity", and PEG ratios, ROE and ROA...now it is back to PE....like anyone really know what that is!!!!!!!!!!!! LOL I'll continue to do my thing and make what I can...DELL is a short cover at mid 20. CDIC is entering a higher trading range. SUNW at low 5. DRAX at 2.50. VASO at 2.50...(thought it would go lower, but no takers). ORBT at 4.60 to 4.75. AND!!!!!!!!! I've added our old friend SORC to the traders. Very predictable. Ken