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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (3806)	7/29/2000 4:55:26 PM
From: Logain Ablar	Read Replies (2) of 30051

Zeev: I saw APH on Friday and although I purchased a little SNDK higher than your buy in I was in a cash raising mode all day. Not sure of where the bottom is for APH but when you consider its earnings growth it can't be much lower at this point in time (oh I should no better than to use that phrase or even have that thought). PnF NAZ bullish support line is 3,450. Breaking the 200 dma and staying below was not a good sign. Needless to say all the charts look like s*** but I canvasing for stocks that will rebound 10 - 20% if we bounce. I sold CYMI, QLGC, SNDK, VLNC (only had it overnight). I'm back to reasearching ARBA to look for an entry point. It should bounce with the market and with short covering. Tim

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