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Strategies & Market Trends : Steve's Channelling Thread

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To: Rich1 who wrote (5987)10/9/2000 12:48:51 PM
From: Zeev Hed  Read Replies (1) of 30051
 
We never got an extreme reading on the tic (barely -1100), but the trend has gone to .70 or so fro, 2.00, it could be the bottom, but probably not the end of the decline. I have already put my toe in the water (few fast trades on VECO an entry and exit from the bu$$, doubled up on QLTI and of course entries in the DD sector with RDRT and KMAG). I also got some AMD at $22 (missed the bottom) since I am impressed that it has not followed INTC to to a breach (I consider the $21 area as major support). Still heavily in cash though.

Zeev
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