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Strategies & Market Trends : Steve's Channelling Thread
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To: Alex MG who wrote (28831)9/26/2001 3:50:26 PM
From: Zeev Hed  Read Replies (3) of 30051
 
Well, I'll wait for it. In the meanwhile, selling is still quite fierce, in MU and it dropped under $16.50. I decided to jump back in here at $16.42, a discount of $1.63 from my last sell. It is now at1.5 book is and that is "unusual", in the last through, I think it sold at more than 2 times book.

Zeev

In edit, 10 minutes later MU is rocking (a little), and I added BRCD here at $15.73 a good discount from last sell (I may have gotten the closing sell.) I think that we hould hold the 1450 on the Naz, or just nder it, that was the area of the first bounce from the sub 1400. If not, I'll have a lot of stop losses tomorrow if we gap down sharp and take last week's lows.
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