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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (24608)	8/18/2001 11:28:36 AM
From: westpacific	Read Replies (2) of 30051

Zeev - more important now to play the indivdual chart than the overall market swing. As for Monday, I would not want to be short semis, BRCM, XLNX, NVDA, AMAT. Nor would I want to be short any big cap tech. Or loved plays like a QCOM. Right now shorting NYSE and non tech NAS is were I see the action until the bounce has topped out. It is important to dig deep, find the plays that no one else is watching, look for the top and overbought condition and go after these on the short side. Be very careful being short any oversold stock. All the best West

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