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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lee who wrote (138)1/31/2000 1:25:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
Steve, what will be your selling target? I do not see much more than $125 in INTC over the next 6 months. By the way, talking about gaps, VLNC just filled it, coming back from lunch, I noticed that my GTC at $26.5 got filled, this time the whole order, who knows what was going on, the MM's probably went fishing for stop losses. I expect a retest of today's low ($26?), but VLNC should still be positive as long as it holds about $24.5 on a closing basis. 3800 on the NAZ is an important level as well as the 10,727 on the DOW, both are being tested today, if these hold, this correction might be over.

Zeev