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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?


To: Robet Butkus who wrote (4598)2/22/1998 10:17:00 AM
From: Paul A  Respond to of 7396
 
Bears are in control with my beloved TDFX... OUCH. Mud flying everywhere. Intel just came out with their new 3d chip and also dumped the 600+k they had invested in TDFX helping the stock collapse.

I remember you making references in the past about being caught between trading and investing. This has stuck in my head for quite some time, and although I agree (as usuall) I still think there is a time to go long term with some of your profits. Obviously im posting this because its on my mind- but ...

Mark- one thing that puzzles me is applying TA to tech stocks. The moves are so exaggerated, emotions change every day.. is it possible?

Aside from TDFX im all cash again. Actually, I wish I was 100% cash right now with the speculative nature of TDFX. Someone mentioned AFLX - looks ready to fly short term so I may try the in and out routine this week... still in the middle of moving so I would hate to get my wings clipped right now.



To: Robet Butkus who wrote (4598)2/22/1998 1:43:00 PM
From: Jimmy Dell  Read Replies (1) | Respond to of 7396
 
Watch the airlines Mon. They fell last week because of a report by DLJ that expressed caution as to near term prospects because of Asian concerns. Iraq war concerns also probably played a role in the decline (rising crude prices). The DLJ reasoning looked kind of tenuous to me, but good stocks such as ACAI and SKYW fell sharply. It just looked like a report primarily for manipulative purposes, IMHO, presenting buying opportunities. Peaceful resolution of Iraq looks at hand, so crude should fall, which will help airlines. I may buy ACAI or SKYW early Mon. depending on circumstances. LUV looks good too and others as well.

Bought ASYT (29 1/2 x 29 5/8) on Fri. - I think it can get to 35 - 40 area soon unless tech sector in general takes a hit.

May rebuy RADAF - earnings due a week from Mon. and may rise more in anticipation.

I like ADTK (14 5/16 x 14 7/16) a lot. Chart looks like on verge of breaking out of basing pattern. Had great earnings report on 1/21. It has a new product out that looks good. Profiled nicely in new (March) Individual Investor, so has attention now.

Also watching PCOM, APSG, ABTX.