Steve's Channelling Thread Message Board

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Strategies & Market Trends : Steve's Channelling Thread

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To: xcr600 who wrote (3411)	7/21/2000 11:44:30 AM
From: Logain Ablar	Read Replies (2) of 30051

X: The semi equips are being hit pretty good and the charts are not healthy so I would stay away from that are for now or look @ some exit strategies. CYMI's chart has not broken down but it is still not healthy. Two of my favorites LTXX & ASYT (Zeev, asyt is in the same space as BRKS) have broken down and its better to let them settle and put in a buy signal. I have been a buyer this am. Purchased the SNDK that didn't fill yesterday and also some QLGC/ANCR. Won't chase WSTL anymore @ this level. My market charts are still healthy or else I would not be a buyer today. AG's comments yesterday accelerated the date of the next rally. We can still consolidate for a week but this seems like a good entry level. Of course we can always be running up to the bear cliff. Tim

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