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Strategies & Market Trends : Steve's Channelling Thread

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To: Bosco who wrote (10167)1/12/2001 10:40:50 AM
From: Zeev Hed  Read Replies (1) of 30051
 
Well, I finally took the plunge back in with the quartet and IDPH here when the Naz was 40 minus or so. Here is what I got: BRCD, $88, BRCM, $117, SCMR, $43, Cree $32.5 and IDPH $164. The bu$$ became too apetizing at $43 so I reluctantly jumped back in. It still could go under $40, IMTO, but maybe not before it bounces to around $46/$47. Let's hope we get the same pattern as we got all this week, weak opening and then a nice rally, maybe we still get that 2850 after all on the Naz. That still leaves me with a chicken like exposure at 40% cash.

Zeev
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