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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (751)	3/29/2000 1:30:00 PM
From: Zeev Hed	Read Replies (1) of 30051

My turnips are telling me that the maximum down side on the NAZ right now is not more than another 50 points (to 4600 or so), so, I finally jumped back into RMBS as well, got $299. As for VLNC, ONT and CYMI I think I will leave some powder dry. By the way, another good price today are SNDK (around $110) and JDSU (around $120), I did not buy here because I have them already and because I missed selling both some $30 and $10 bucks higher respectively(VBG). I just cannot time them all . I am leaving some dry powder to add to SCON and CDTS if we get an additional down drift to the 4600 on the NAZ. Zeev

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