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Strategies & Market Trends : Steve's Channelling Thread

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To: U.B. Green who wrote (3875)	7/31/2000 1:39:50 PM
From: Zeev Hed	Read Replies (1) of 30051

Technically, we could go back to about 3850, maybe 3950 before we retreat again, but frankly, I thin this mini rally is dangerous and could stop any minute, you'll get a good indication around the time frame of 2:30 to 3:30 if that rally peters out or continues for few days. As for QLTI, I am in (last Friday I jumped back at $68), but I do have a stop loss at $65. Some stocks are going to go up even in a weak market and my bet is that QLTI will. My bet may be wrong. You may want to look at KEM as well, in a better market, this stock could be worth $50 to $80. Zeev

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