Steve's Channelling Thread Message Board

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Strategies & Market Trends : Steve's Channelling Thread

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To: robwin who wrote (18417)	6/20/2001 5:01:42 PM
From: Zeev Hed	Read Replies (1) of 30051

Actually, NEWP has tested that $21 level few times, so that is positive. My concern is that AMAT and NVLS have broken through triple bottoms, meaning that the sector ma weaken a lot more. VECO broke and CYMI broke earlier through some support, but VECO bounced today from $35 (I missed that entry by a mile, too chicken in the morning), so you might be alright. In any event, you should be protected a little, and if you sold options, you probably mean to gold it till next April, by then, I believe you should have a double from here. Zeev

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