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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (5191)	4/22/1998 1:17:00 PM
From: Jacob Snyder	Read Replies (3) \| Respond to of 10921

sold INTC, made 8% in a week. My broker didn't have any ASMLF to short, so I shorted NVLS instead. Put in a limit buy order for lots of INTC at 72. Buying the stocks that are at a solid support level, then selling them when they are up at near-term resistance, then shorting the high-fliers, will keep me occupied this spring and summer, till I'm ready to buy at the bottom and hold till 2001. I figure ASMLF and NVLS can't go much higher, and INTC and KLAC can't go much lower, so I can't lose too much if I time it wrong.