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Re: Baileybear post# 1879

Wednesday, 07/17/2002 7:49:26 PM

Wednesday, July 17, 2002 7:49:26 PM

Post# of 2238
Yoh, Baily!

Well, this has been a dog market for too long, old boy! But I'll tell you what:

I stopped calling the bottom on anything, a while back. I was lucky to clean out my portfolio when I moved to Canada. Being out of the game has actually put it a little bit back in perspecive and I desided that since I had nothing to average down on, I'd wait for the bottom to form, instead of desperately trying to buy into it (man have I seen many burned fingers and smouldering protfolios because of attempts to predict a bottom).

Now, I'm waiting to the bottom to find itself and then buy, when resistances have been broken and uptrends have formed.

So here's what it looks like for jour JNPR:
http://stockcharts.com/def/servlet/SC.web?c=JNPR,uu[h,a]daolyyay[de][pc100][vc60]&pref=G

It's about a dollar from a breakthrough... But it may get there, still.

I've been keeping my eyes open on EMC and it almost got to it. But as the resistance point was met, it started diving again (today, actually)

http://stockcharts.com/def/servlet/SC.web?c=EMC,uu[h,a]daolyyay[de][pc100][vc60]&pref=G

But I'm keeping my eyes on her, and when she's ripe, I'm gonna pick her!

As for JDSU:

http://stockcharts.com/def/servlet/SC.web?c=JDSU,uu[h,a]daolyyay[de][pc100][vc60]&pref=G

Not on this side of her quarterly, she is - but again, you have to be patient and wait her out...

Good luck to you, Baily.
KD


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