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Strategies & Market Trends : Steve's Channelling Thread

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To: Logain Ablar who wrote (10282)	1/17/2001 12:42:12 PM
From: Zeev Hed	Read Replies (1) of 30051

Tim, I actually thought that the big congestion was around $16-3/4-$17 (the old $50), then additional minor congestion in the $21 and major problems at $25, but id we break $$25 I can see a rapid run to $35. Based on valuation, all thes numbers are still fair values, remember I have $70 as a "fair bull value" for SSTI. By the way, just sold ARBA at 38-7/8 (bought at $35) and CMRC at 24.125, (bought at $21.25). I am getting real heavy in cash here. Zeev In edit, well, NTAP also went here at $64-3/8, not great, just $4 and change. EXDS followed at $24.5 for $3-3/8 profit.

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