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

To: Matrix_Man who wrote (870)	4/5/2000 9:48:00 AM
From: Zeev Hed	Respond to of 30051

An interesting list alright. The fact that the put call ratio yesterday did not even approach 1 is a weak point in the thesis of a strong bounce. I think we will be caped on this bounce around 4600 on the NAZ, and if we do not close fast above 4200, we may be in real trouble. In any event assuming we get a good bounce I got into ONT at $12.25 just after the open, I plan on just a $3 swing to $15.25 or so. Zeev

To: Matrix_Man who wrote (870)	4/5/2000 10:51:00 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

We are running into a little resistance at 4200 on the NAZ, I think it will be taken out, but in any event, they gave me $35 on SNDK and I just had to take that one off the table, $73 to $108, not too shabby, but the SC's are still under water, so that kind of compensates for this one. Zeev Added in edit, ANCR went out at $35.25, for better than $10 gain. It has some supply here in the $34 to $36 area, I still like the stock, but I am not sure the market does,