Steve's Channelling Thread Message Board

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Strategies & Market Trends : Steve's Channelling Thread

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To: mishedlo who wrote (6390)	10/17/2000 6:22:09 PM
From: Zeev Hed	Read Replies (2) of 30051

Misheldo, SSTI has a major support at the old $50 (or just under $17), I believe that for now this support should hold (thus my additional buy today at $17-3/4, the actual support is rarely reached, in a strong stock. If we breach $16.75, I will take my losses and run. I realize that at $17, SSTI is selling at less than ten times next year's earnings, but the market may not believe these earnings, then why should. Zeev

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