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Strategies & Market Trends : Steve's Channelling Thread

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To: Logain Ablar who wrote (3414)7/21/2000 12:37:42 PM
From: Zeev Hed  Read Replies (2) of 30051
 
Tim, CYMI has very strong support just around $41, so I am going to add a little more here (I got $42-3/8 just now). I think that the downside risk in some of the semi' equip is minimal with LRCX, AMAT and few others approaching the late May lows. If these lows are breached, the situation in this sector is even worse than what I was forecasting (to ample objections from the semi equip bulls, I should say).

Zeev
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