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


To: cellhigh who wrote (2115)6/2/2000 3:53:00 PM
From: Zeev Hed  Read Replies (4) | Respond to of 30051
 
There is a time for "buy and hold" and there is a time for playing chicken. I am still in chicken mode on RMBS, so I got out at $220. Mind you, SNDK is still struggling with April's lows here. CDTS and SCON now may look as if they "never" will get back above $30 (g). How about all those guys that bought RMBS at $400 plus, they should have held?

By the way, I just tip toed back into SCON at $22.25 just minutes ago. They hit it pretty hard, I know not why.

Zeev