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Strategies & Market Trends : Steve's Channelling Thread

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To: Bosco who wrote (803)3/31/2000 3:16:00 PM
From: Zeev Hed  Read Replies (2) of 30051
 
It looks real enough, a 200 point turnaround is not a typical trap. Let see how much short covering we get in the next half hour, if we add another 50 points here, the storm might be over and the stage set for a strong April rally. It could be just a two week affair, but i'll take it.

I am slowly getting back in, bought CDTS back on its crossing $30 at 30.125, I hope it is not another whipsaw. Now watching if to reenter RMBS and SNDK.

Zeev
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