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Strategies & Market Trends : Steve's Channelling Thread

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To: Matrix_Man who wrote (3010)7/7/2000 11:22:50 AM
From: Zeev Hed  Read Replies (1) of 30051
 
I think ELON reconfirmed the support at $50, and now should challenge overhead supply in the $62 to $63 area. If it takes this out (due to the Monster rally evolving, and indeed in stealth), then we could have a challenge of the mid $70, IMTO. I am getting ready to sell SCMR, hope to get $125-3/8 (for a $20 gain in two day, if I get it), but I may pull the "plug" earlier, it has just printed 124-5/8.

Zeev
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