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Strategies & Market Trends : Steve's Channelling Thread

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To: U.B. Green who wrote (7390)	11/8/2000 10:45:04 AM
From: Zeev Hed	Read Replies (1) of 30051

Yes, I was thinking at $58 Plus/Minus $.5. But so far, my reentry on the bu$$ might have been "premature", so I may wait to see how this market turns. I think that today we should set the low from the retreat off the 3450 area (I had a "mild retreat from 3450" since we bounced back from the 3026 area). If that happens, however, do not expect a huge rally, I have only 3650 or so for late this months and then a 500 point Naz hair cut before year end rally. QLTI may be getting again within buying range. I just got back into CREE at $105-5/8 and SCMR is apporaching as well, but I'd like to see the white in the MM's eyes first (g). Zeev

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