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Strategies & Market Trends : Joe Stocks Trader Talk

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To: Joe Stocks who wrote (299)2/20/2002 11:32:21 AM
From: Robert New   of 787
 
SRNA short...nice double top in place...breakdown/trigger comes in at 20.70. Still short pmcs, qlgc, sebl, klac, mxim....did cover vrts yesterday to book some profits. The bottom of the downtrend comes in at 1720 and think we at least get an intraday breach of that level. With the VIX still in the mid 20's I doubt we see a major move up from that level. Likely a technical bounce.
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