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Strategies & Market Trends : Steve's Channelling Thread

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To: McNabb Brothers who wrote (11439)	2/21/2001 2:18:20 PM
From: Zeev Hed	Read Replies (2) of 30051

Hank, when I identify some of these, do you jump in? few months back I suggested going into the sin stock (MO) at $28, it is still hitting new highs here ($almost $49), but I did not see anyone follow me into that one. I am still in it (part of the core). In the meanwhile we have put another mini leg down on the Naz (just under 2300) and a small bounce is called for, so I am back with BRCD at $47.25 and BRCM at $67-5/8. Maybe another $1 or two for the mini bounce. Zeev OOPS, the minibounce is barely there, more like catching falling knives, out of BRCM at a loss $67.25 and of BRCD at a minimal gain $47-15/16. I am not playing with thast fire until I see a new low for the day (g).

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