Steve's Channelling Thread Message Board

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Strategies & Market Trends : Steve's Channelling Thread

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To: steve who wrote (4146)	8/7/2000 12:44:13 PM
From: Zeev Hed	Read Replies (2) of 30051

Recently, extremely positive reports have resulted in "sell the news' syndrome, not just in semi equip (like CYMI) but all over the board, if that reaction to news (CSCO and AMAT) that would be a clear sign, IMTO, that we are still in a distributive mode in this market. What will it be, I know not, but if we have a positive response, I think that BRKS could easily go to the $55 to $65 area, and that vs my stop loss at $36.875, seems to be a good "Risk/reward" position. Zeev

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