Steve's Channelling Thread Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Steve's Channelling Thread

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Link Lady who wrote (2290)	6/12/2000 10:25:00 AM
From: Zeev Hed	Read Replies (2) of 30051

Someone was kind enough to let me know in a PM that CDTS has some 4 MM shares coming off lock on June 17. This, IMTO, means that the SC are going to come under heavy pressure. It is quite possible that the powerful rally was engineered to create volume into which that supply an be distributed. Unless you know how to read the daily ebbs of these two, be very careful, there is no major support in both to the low teens. If CDTS breaks back under $18, it may very well give us another buying opportunity in the single digits, IMTO. Zeev

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next