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Author: sonar69 Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 36682  
Subject: CREE Date: 10/2/2001 1:01 PM
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I am seeking some input on a possible short term long trade with CREE today. Items I am considering are as followes:

Reasons to jump in long IF my buy point of $13.99 to $14.10 is reached..
On the hourly chart CREE is very near support at $13.85 to $14.00
Price on CREE is under 13 EMA and 50 EMA
In the past, CREE has performed well with the NAZ

Reasons to be scared..
CREE is NOT performing well today with the NAZ. I dont see this often with this stock.
The price for CREE has not reached April lowes yet. Many tech stocks and the NAZ have. Good or bad?
No big surge in volume?

Just looking for input. I am currently practicing patience in my trading. Getting excited and jumping the gun seems to be my biggest problem. I will probably not trade until later this afternoon IF I do at all.
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