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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (10938)	2/8/2001 3:09:40 PM
From: captain_midnite	Read Replies (1) of 30051

Ya don't think SCMR has more in it Zeev, maybe a visit near 30? No position myself, was too stupid to buy under 24, even this morning, but I think it has a chance for a bit more...regardless of buy-out rumor, likely bogus. But good profit...not the market to "stretch" things, definitely. Tend to agree with Mike M.'s scenario...low here or around the 9th, with a rally ensuing. Similar to what Jerry Favor is saying...always liked his reports on CNBC when he appeared. Just understanding him at times was tough. We shall see...COMPX 2600 now some resistance, Friday could be a reversal day. Guess I am somewhere in between, a trip to 2400-2500 due. Someone is bound to be right..? midnite

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