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Strategies & Market Trends : Steve's Channelling Thread

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To: anandnvi who wrote (3114)	7/12/2000 10:35:18 AM
From: Zeev Hed	Read Replies (3) of 30051

Anand, I hope so too, but it surely looks like a powerful breakout, it is already $81.5 and going. I am having difficulties getting my prices on about 5 additional issues, that market is going to go through the 4070 before it retreats down alright. SNDK is also moving nicely, but we are now going to run into some "supply" at the $64 to $65 area, I'll see how it behave there before I decide if I sell for a rentry back under $60. I am not sure that will be available here short term. SSTI and the holy one are a little weak, on the other hand, I still think it is just "backfilling", but SSTI has to take out $88 soon if it is to remain bullish. Zeev Zeev

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