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


To: Steve Lee who wrote (205)2/15/2000 4:31:00 PM
From: Zeev Hed  Respond to of 30051
 
Steve, what can I say, congratulations on a trade well executed. We were so busy with RMBS we forgot about the market in general, I think it is getting better, as I expected, so the HAUP (now under water) should actually be a good bet here just at $50. ONT may need to be reevaluated, it must move fast north of here (remember, I mentioned the $32 area as a potential supply area) and it seems to run into a wall. I'll give it a day or two, if we do not get a good continuation of the current move, I'll take the chips off the table.

Zeev