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Strategies & Market Trends : Steve's Channelling Thread

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To: gancho who wrote (5526)9/26/2000 1:52:30 PM
From: Zeev Hed  Read Replies (2) of 30051
 
Gancho, that is a tricky call, it is the closing that matters, I am still patiently looking for a closing above $17.5 to stay in, but the breach of $17.5 surely negate some of the recent bullish move. I hope you do not get whipsawed. Sometimes, I will bail out just before "i feel" that the stock will breach, and sometimes despite a temporary breach, I stay, like today, when "I feel" that the market has reached a ,local bottom.

Zeev
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