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


To: Steve Lee who wrote (714)3/24/2000 1:56:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
Well Steve, I hope you enjoyed the sun. They just gave me a new entry point at $327.125, I hope it is not another exercise in catching falling knife, the drop from $333 was kind of precipitous, and I saw it lower after execution.

I am still waiting for an entry point on CDTS, if it seems to want to end lower than yesterday's high, it will mean to me that the run today was a storm in a tea cup, nothing more for the time being, just the impact of the ON24 speech.

Zeev



To: Steve Lee who wrote (714)3/24/2000 2:10:00 PM
From: Zeev Hed  Respond to of 30051
 
I also got out of HAUP and VECO ($82 and $94 respectively), I think both have some way to go, but the NAZ was softening, so I thought I may get a cheaper reentry.

The HAUP trade was excellent, essentially bought at the local bottom ($60-5/16) and sold at $82 $2 short of the high for the day (so far). The VECO I am less "proud of, I really think it should go above $100, but that may take some time, the swoon to the mid $70 did inflict some technical damage, and my prices of close to $90 and $82.5 were not very well placed. You live to learn.

Zeev