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


To: rfisher who wrote (2549)6/19/2000 11:52:00 AM
From: Zeev Hed  Respond to of 30051
 
Robert, I think that SNDK could go as high as $109 or so in a strong summer rally, JDSU maybe as high as $160. BRCM at $120 could go to the $160 to $180, tough to say, it depends on the Dow holding 10300, it is putting a valiant fight, but we'll see. By the way, I sold the SNDk this morning just under $65, I fear that the decline will accelerate and SNDK is too close to a very critical numbne ($61/$62), which, if breached could lead back to the $40 (what a bargain that could be).

Zeev



To: rfisher who wrote (2549)6/19/2000 2:24:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
Robert, I just got back in CTXS at $21 even, it is still week, but bouncing against support here. If the turnips are wrong and the summer rally is already starting I want to have something under the belt for it.

RMBS still "locked" in a narrow range here between $91 and $92, it could break in either directions. Still in with those $90-7/8 (g).

Zeev

Added in edt, just took a lousy $1 at 91-7/8. I'll try again, but that is tough work out there with RMBS today.