Steve's Channelling Thread Message Board

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Strategies & Market Trends : Steve's Channelling Thread

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To: xcr600 who wrote (5911)	10/6/2000 12:11:39 PM
From: Zeev Hed	Read Replies (2) of 30051

$35 is not impossible in the next six months. Between here and there, I see first a retest of the $52 area (maybe it will be todays' low around $58, after such a hair cut, prior resistance and support are not very meaningful), a run back to the low $70, and then a "Chinese Torture starting probably later this year early next to the $35 area. In the meanwhile, I am going to try and play it a little, since I left on the table a good $20 of my last run from $62 to $113 plus (my last rebuy was $106 and change, so I really have to work on getting back about $30 <VBG>). By the way, I just entered CCRD at $9-3/4 for a dcb. That one got a real haor cut and seems dead on its back. Zeev irrevolute.iuma.com

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