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Strategies & Market Trends : Steve's Channelling Thread

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To: Logain Ablar who wrote (4621)8/24/2000 3:00:07 PM
From: Zeev Hed  Read Replies (3) of 30051
 
Well, I smell something fishy here and expect now a decline of at least 200 NAZ points, since I am not going to be able to watch the action from 3:300 on, I'll start and take off a number of positions here. QLTI broke through $67 and I just got it out an iota above this price. Loss on this trip, $1.25. As for SNDK, I just got $84.375, and I am stepping aside on this one. I have just sold CYMI here at $47.75 (plus $5 and change). I may thin a little more, but for the time being, that is enough, there is a good 50% chance my sniffing is wrong.

Zeev

In edit, VECO just went at $71-11/16 (only $1 profit on this) and XIRC at $31.5 ($2.5 profit). Same with CDTS which I just entered yesterday, I expected more of a bounce and I dumped it at $16 (at least a profit of $.5) That raised cash to close to 45%.
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