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Strategies & Market Trends : Steve's Channelling Thread
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To: robwin who wrote (16356)5/22/2001 6:32:59 PM
From: Zeev Hed  Read Replies (1) of 30051
 
Robert, I am not complaining, 10% in a week is not that bad, but while VECO managed to get to a new recovery high, NEWP did not and that was disappointing. Nevertheless, longer term, like 3 to 6 months, you can build a case each way. IMTO, The real run will start probably late in September early October, an then, I think that the $70/$80 area would be possible by next spring. I can't take that bet, since I have a very strong possibility that before that we will revisit the sub $30' area (particularly in view of it's current relative weakness).

Zeev
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