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Strategies & Market Trends : Steve's Channelling Thread

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To: Rich1 who wrote (6333)10/16/2000 2:31:56 PM
From: Zeev Hed  Read Replies (3) of 30051
 
Well, as Carter used to say "deep in my heart, I may sin", and I was hoping for a real good run to the mid $30 or maybe even higher. It is a thinly traded stock, and if the semi equip go into a major move up from here, I expect many to go 50% above their recent lows. In practice, we have expiry this Friday, and after that we might have a short relapse (I hope that this forecast does not end up like my late August forecast when I had a "small relapse" from the 4250 or so area to just 3930...<VBG>), Thus I may sell before Friday or on Friday for whatever they give and get back in later in the month, hopefully, at a lower price.

Zeev

In edit: Is GMST halted?
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