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Strategies & Market Trends : Steve's Channelling Thread

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To: Dave Pestle who wrote (18141)6/16/2001 9:53:18 AM
From: Zeev Hed  Read Replies (4) of 30051
 
Dave my read is a little different from MrP, I have the low at 1620 plus minus 40 points. Of course if we get there without the major sentiments reading showing excesses, I'll have to lower this (as I was forced to lower the 1900 target low to 1639 in March). As for the lows, mine a little higher, for instance, AAPL I do not have a breach of $14 and actually would buy around $16 or even $18 depending on market conditions. Similarly, I do not have breaches of the April lows for AMAT, TER, and BRCM. My INTC target is actually at $22 and so is my AMD target.

Zeev
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