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To: The Perfect Hedge who wrote (12412)2/22/1998 2:38:00 PM
From: Broken_Clock  Respond to of 95453
 
BB-

Did you read the Tozzi link? He's right but the market goes where it wants short term. Short term is looking more down to me. OTH, with Iraq cooling off and Starr on a roll...hmmmm? Tailgate anyone? Clinton seems to running out of room to maneuver.

I only hope I can be patient and time my next buys at the bottom. Remember last month when FGII was at 22? Slurp! Salivate!

PK



To: The Perfect Hedge who wrote (12412)2/22/1998 3:51:00 PM
From: Lazlo Pierce  Read Replies (3) | Respond to of 95453
 
Glen, I agree with you about a short term selloff soon. But at some point one has to make a stand. I think back to October and Dell. I had been long Dell for over a year, had bought 400 @ 80 in Oct 96. 2 splits and a runup later, I had 1600 shares @ 102. After all the reading and fears I had about tech (especially after Intel missed in Oct), I sold all my techs, including Dell and Intel and Nokia. Dell @ 90, Intel @ 85, and Nokia @ 92. All 3 fell alot. I didn't buy cause I was still worried about the sector. Intel hit 66, Dell hit 70, and Nokia hit 63. All 3 are now above where I sold em. I did get back into Dell in the mid 100s, but not the quantity, and I missed out on 16 points as well, not to mention the IRS liability. If we (OSX) have another selloff, I for one will restart loading up on these, and put em away. Everything that goes around comes around, it will be this sectors turn soon.

Dave