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Strategies & Market Trends : Steve's Channelling Thread

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To: elevenhalves who wrote (7918)11/16/2000 2:56:23 PM
From: Zeev Hed  Read Replies (1) of 30051
 
I always like to keep those that show strength during general market weakness like BVEW, BRCD and ANF, when the market turns, they often lead on the way up. I have no insights as to the fundamental reasons for this strength, but BVEW surely acted well technically during the recent market decline. I am still holding, and I am pretty close to a 35% gain on it (in from $7.5).

By the way, I got back into VECO at $51.25 (10% discount from this morning). I also got back onto the bu$$ at $60.5, let's hope that $60 or so holds (g). I just added to BRCD at $148-3/4, but only for a bounce, I think it should hold $148, but it is weaker than i thought it would be.

Zeev
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