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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (4517)	8/21/2000 9:09:20 PM
From: GTC Trader	Read Replies (2) of 30051

<< I believe that February will be a disaster. >> I turn 40 in February, so I share this outlook !!! : - ) SCON and CDTS - you warned of potential downside recently. I am short at 22 and 19, respectively. SLs at 21 1/2 and 18 1/2, respectively. My targets were 13 and 11 assuming a sharp drop in the Nasdaq, but now it sounds like you don't think that is in the cards. Any thoughts on these two stocks? Will my stops be taken out tomorrow with the Fed announcement? I am looking for 97 on RMBS. I will check you other posts for your current outlook. On the long side, what stocks do you think are safest, with the best possible upside, for entry this week? Thanks -- HB

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