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


To: Logain Ablar who wrote (3332)7/18/2000 1:04:20 PM
From: anandnvi  Respond to of 30051
 
Tim,

I tend to agree - I chickened out of vrsn @ 180.6 for a minor loss of less than one point since panic seemed to subside. Im back in scmr at 140.3. I also bought more qcom at 65.9

Anand

Edit - actually, the vrsn loss was $1.06



To: Logain Ablar who wrote (3332)7/18/2000 2:23:18 PM
From: Zeev Hed  Read Replies (2) | Respond to of 30051
 
Tim, I agree with you, this is the "minor" weakness I was discussing Friday and yesterday. I was out, but my GTC on QLGC at $86 filled. I had a sell on SCMR at $150, but it never got off the ground. Similarly I had a sell on QLTI at $60 which did not get through. Well, I see the max risk here at 3965 (as I mentioned last week), but i think that even that will be a reach. The turnips will not turn negative unless the 3865 level is breached on a closing basis.

Zeev