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

To: anandnvi who wrote (2113)	6/2/2000 3:18:00 PM
From: Zeev Hed	Respond to of 30051

Anand, careful about SNDK, the current area ($70 to $73) was the April low, and if it does not close above $70, it may go down a fast $10 in any market setback. I got out again, waiting to see if the break of 3800 is for real. Zeev PS, I would not be too stubborn here about CDTS, it has doubled in barely two days, I think that it could easily go back to the low $14, before it is ready to take on some major overhead 'supply" in the $18 to $21 area. That area will probably be a fun trading range for few days, once we get there (or should I say, "if" we get there.