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Strategies & Market Trends : Steve's Channelling Thread

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To: Paul A who wrote (6273)10/13/2000 9:58:27 AM
From: Zeev Hed  Read Replies (1) of 30051
 
Paul, all I would say is that the propaganda is working. I sold SCMR at $78, probably a mistake since the market, despite the lousy PPI and the ME, are stabilizing (last I saw the naz trend under.40). So I decided to try and recover some of my losses on RDRT and jumped in at $6-7/8. I also used to irrational fear in CREE this morning to get in at $79 (it was on its way back from around $77, missed that bottom, if it was a bottom). CREE broke badly, so this one will be treated as a DCB, nothing more, maybe half of this morning gap.

Zeev

In edit, recognizing my erring ways, re SCMR I just got back in at $75.5, at least I lowered my "cost" (g).
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