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Strategies & Market Trends : Steve's Channelling Thread

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To: anandnvi who wrote (4698)8/28/2000 10:06:35 AM
From: Zeev Hed  Read Replies (3) of 30051
 
Anand, I am waiting to see how the $142 level plays out on SCMR, patience, it could drop back all the way to $130. I Just got back into EMLX at $99. I am waiting for sub $100 on QLGC as well. As for the Bus, it just printed above $85 again, but I think it is going to take $83 out, so I am waiting. The sox is becoming weak, the naz may follow. As I said last week, I would not be surprised if we get a 200 NAZ points decline here early in the week.

Zeev
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