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Strategies & Market Trends : Steve's Channelling Thread

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To: Bosco who wrote (5979)10/9/2000 10:05:49 AM
From: Zeev Hed  Read Replies (1) of 30051
 
Bosco, ZRAN is a good outfit, but like the rest of the semi's it is breaching the recent lows and will have to contend with the May's lows at around $33. It should be a good buy there, if it holds (g).

In the meanwhile, I took a little loss on CMRC (out at $59.5 for $1.5 loss). Nothing wronmg with the stock, but the markets refuse to give us a wash out, so I think I can get back in closer to $53.

I did pull another $4 out of VECo (bought at $67.125 and sold at $71.25) this morning reducing that major loss to $24-3/8. Hard work (VBG).
I am watching with interest if the bu$$ cab hold $75, close to $76 as I type.

Zeev

In edit, they went fishing for my GTC on the bu$$, in right here at $75.5 (why are they giving me the bid? a bad sign typically...)
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