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Technology Stocks : Wolf speed -- Ignore unavailable to you. Want to Upgrade?


To: Yogizuna who wrote (7165)8/12/2003 12:45:25 PM
From: richardred  Read Replies (1) | Respond to of 10714
 
Sometimes your strategy has to be, subject to change, to fit existing conditions. A long time ago before the online trading boom, an average investor could go long (more than 2 years). IMO-for the most part, not today, especially in a technology company where new becomes old, and outdated fast.

RR



To: Yogizuna who wrote (7165)8/12/2003 12:48:15 PM
From: Return to Sender  Read Replies (1) | Respond to of 10714
 
Agree with you again. The daily looks great for further gains:

stockcharts.com[h,a]daclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iub14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14]

So does the weekly for that matter:

stockcharts.com[h,a]waclyyay[df][pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iub14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14]

So I may have already missed the best buying opportunity.

We soon will enter the great void of news as earnings season winds down. The market typically hits safe buyable lows in the September to October time frame on an annual basis.

So with CREE, as with many stocks, uncertainty about the future may well again reign in any current bullish enthusiasm and allow a terrific buying opportunity.

I'm just practicing a little patience. I'm not suggesting at all that it will necessarily pay off. Especially not with CREE.

Good luck to all!

RtS