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Strategies & Market Trends : Steve's Channelling Thread

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To: Logain Ablar who wrote (10368)1/19/2001 10:28:06 AM
From: Zeev Hed  Read Replies (1) of 30051
 
Thanks, but for the time being, I just bought it back here at $26 flat, I'll watch if $25 holds or not, this is supposed to be support now, I believe. I also jumped back into BRCM at $127, a nice discount to this morning price. If the market turns, the major resistance is $150.

Zeev

In edit, I see a lot of bigger ask as we go above $27 in CMRC, so I decided to wait a little and got out at $27-1/16. Maybe I can get back in under $26 again. Similarly, out of BRCM at $131 for just $4 on this run, as I expected, the market is quite volatile today.
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