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Strategies & Market Trends : Steve's Channelling Thread
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To: orkrious who wrote (11666)2/23/2001 7:04:52 PM
From: Zeev Hed  Read Replies (1) of 30051
 
I think that SNDK will have a good 20% to 40% drop from the high of the next move (maybe $25 to $19?) SSTI could still go and retest $9, maybe even lower. I almost got into SNDK today, but I became over committed (I had only 15% or so cash at one point), and I felyt it was a tad early to get down to the 10% or less. Now that I am back to 41% cash after having taken some "well deserved' profits (the wringer they put us through this mrning....), i may indeed jump back into SNDK at the appropriate time.

Zeev
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