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

To: rfisher who wrote (986)	4/12/2000 4:40:00 PM
From: Zeev Hed	Respond to of 30051

I noticed about SCON, and that is not a good sign, soon it will trade under CDTS. The SC should no longer be considered momentum stock now, they are broken. The reason I am playing these is because of the low liquidity which, once an uptrend develops, could mean a very large bounce. The other side of this equation are outsized losses, when such bounces do not evolve. As to being "brave", I am going to be a chicken very rapidly (a plucked one, if I am not careful) if this market does not show a backbone soon. It is time for Abby to come to the rescue.... Zeev