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Strategies & Market Trends : Steve's Channelling Thread

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To: Bosco who wrote (6234)	10/12/2000 4:41:27 PM
From: Zeev Hed	Read Replies (3) of 30051

I think that they got it right. There was a lot of "stealth buying during the whole decline today as indicated by the trend rarely going above 1.00 and often going deep into the .60 area. That one reason I reversed my earlier panic selling and reestablished those positions. I must say, that second action might have been quite premature, but if and when the turn comes it might be too fast to get on board. In any event, I was watching Barak for the last 45 minutes and I see now that I got out of CREE at $95.25 just before the close, a loss of about $7, but most everything else is about were I left it. I am going to find myself a bunker to wait out the storm (g). Zeev

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