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


To: Zeev Hed who wrote (2316)6/12/2000 1:53:00 PM
From: anandnvi  Respond to of 30051
 
I opened short positions in nxlk @ 70 and tern @ 67.

Zeev, volume today is extremely low as well. Do you see this increasing tomorrow?

Anand

Edit - forgot to put in my reasoning. nxlk broke the 200 dma Friday and may very well go lower. tern is just a hunch play on an overbought, overvalued stock as I think this has run up a lot recently