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Technology Stocks : FSII - The Worst is Over? -- Ignore unavailable to you. Want to Upgrade?


To: Donald Wennerstrom who wrote (1965)5/27/1998 2:13:00 AM
From: Kent Sarikaya  Read Replies (1) | Respond to of 2754
 
The NASDAQ as well as big tech companies, like AMAT have broken support levels at key moving averages, so things look like they could keep going South. The NASDAQ looks like it might head to 1700 level, so that would mean a few more points down on these stocks. Many are at or just below 52 week lows.

We'll have plenty of time to get in on these key stocks the next run up. I think we should work on a list of which ones to really narrow and maybe mention when it is time to buy. I think we should narrow it who haven't been down for 3 years but have down well and just swing in 6 month periods, like AMAT. I don't want to get stuck again in long term duldrums.

There will be plenty of time to buy more into FSII, SFLX, and the rest in that class. I will prepare a list for this weekend and we can compare then.