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Strategies & Market Trends : Steve's Channelling Thread

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To: mishedlo who wrote (12459)3/12/2001 3:35:28 PM
From: Zeev Hed  Read Replies (2) of 30051
 
Into the closing here, the trend is deteriorating, and that is not a good sign, earlier we had some of that positive divergence, but apparently, not enough for a solid turn, yet. I just took CMRC off the table few minutes back just above $11.5 for almost a buck gain, am going to see if I can reenter again nearer to $10. Also took the two QCOM off the table I doubt that $50 will hold on a closing basis, I got $50.25, minimal loss on one and a big loss of $4.75 on the other. CRA also went at $35.5, a breach and max pain area, and a loss of $3.25, c'est la vie.

Zeev
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