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


To: rfisher who wrote (702)3/23/2000 2:47:00 PM
From: Zeev Hed  Respond to of 30051
 
I think that this is still a process of absorbing their last acquisition, but I believe the market is wrong in its assessment of CCRD. Of course, if it breaks $30, there might be something we know not about and a safe step would be to take a loss and wait for a better entry point.

Zeev



To: rfisher who wrote (702)3/23/2000 3:59:00 PM
From: Zeev Hed  Read Replies (2) | Respond to of 30051
 
CDTS is forming a bad pattern (almost a Gravestone DOJI, I am out few minutes ago at $41.375. Considering that a bunch was bought just above $30 and the balance at $40, not too bad. I am still out of CDTS and I think there is a good chance of getting both of these much lower. Right now I would avoid. I took a loss on CCRD at $34.125 (a bad loss since I bought it this time around at $38.5) but you got to cut your losses short and let your profits run (like VECO and HAUP).

Zeev