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Strategies & Market Trends : Steve's Channelling Thread
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To: Logain Ablar who wrote (163)2/9/2000 4:25:00 PM
From: Logain Ablar   of 30051
 
Zeev:

On VLNC I'm going to enter my orders in the am and see if news comes out to trigger them. A lot higher risk / reward than when the stock was @ $11. Plenty of other opportunities out there.

The PnF long term indicator is still on defense although the s/t optional stock BP turned positive last week (from the NAZ strength of course). Still plenty of stocks on sell signals.

On CYMI I always use ASML as a read. ASML leads and CYMI moves up to appx 50% of share price (although CYMI did not run as high this leg up). With ASML doing a 3 for 1 I'll have to look for a new measure.

Thanks for your input.

Tim

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