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Strategies & Market Trends : Steve's Channelling Thread

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To: TREND1 who wrote (15309)5/2/2001 1:00:26 PM
From: William B. Kohn  Read Replies (1) of 30051
 
That's what makes things interesting.
I'm taking a chance and shorting the market by making the following trades.

Long qqqqv @ 2.15
Short emc @ 43.75
Short sndk @ 29.00
Short qcom @ 60.75
Short ntap @ 26.75

I hope to ride a good down draft for the following targets

Sell qqqqv @ 3.45
Buy out the others for profits around Five to Ten Percent.

That's my strategy. I wish I could do more with TA, turnips, but this comes from reading respected posters like Zeev, Haim, Don Sew, the Raptor site, and others on Shark Attack II, and MDD.

Bill
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