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Strategies & Market Trends : Steve's Channelling Thread

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To: SBHX who wrote (5502)9/25/2000 2:17:23 PM
From: Zeev Hed  Read Replies (1) of 30051
 
I do not expect us to go much below Friday's low in general, but if some critical stocks like NVLS and INTC do not hold last week lows, I'll have to change my opinion, again. I did suggest that the rally will not start in earnest until few hours after the opening Tuesday, but I am not waiting to the last minute, thus my premature additions today of INTC and MU (both under water <g>), and of BRKS last Friday.

I did decide few minutes ago to take a little profit from VECO (Out at $95-3/16 for less than $3), but only to try and replace this stock with cheaper stock, possibly under $90 if this relapse becomes more severe.

Zeev
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