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Strategies & Market Trends : Steve's Channelling Thread

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To: cellhigh who wrote (3676)7/27/2000 2:52:41 PM
From: Zeev Hed  Read Replies (2) of 30051
 
Cell, don't tell that to people in SNDK in April or so they saw their stock halved in two weeks or so. Unless the tick becomes extremely negative, I would view any rally as a "fake" one, playable only if you are really nimble. I am getting ready to catch a falling knife in EMLX. Just got it, $49 flat. Ouch, this one may hurt later.

Note the few stronger stocks here, QLTI, GMST and even ULBI.

Zeev
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