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


To: xcr600 who wrote (3411)7/21/2000 11:10:15 AM
From: Zeev Hed  Read Replies (2) | Respond to of 30051
 
xcr, I am pretty sure about the turnips (this decline will hold with just a minor penetration of the 4000, as forecasted by the turnips). I am not sure the turnips are right, however (g). As a matter of fact I am redeploying during the day the rest of the cash. Candidates are RMBS, TFS (already got in at $30-3/4), XLNX, BVEW ( in at $10-3/8), AMD and more EMLX if I can get some under $58 or so.

Zeev

In edit, I just added XLNX at $74-3/4.



To: xcr600 who wrote (3411)7/21/2000 11:44:30 AM
From: Logain Ablar  Read Replies (2) | Respond to of 30051
 
X:

The semi equips are being hit pretty good and the charts are not healthy so I would stay away from that are for now or look @ some exit strategies. CYMI's chart has not broken down but it is still not healthy. Two of my favorites LTXX & ASYT (Zeev, asyt is in the same space as BRKS) have broken down and its better to let them settle and put in a buy signal.

I have been a buyer this am. Purchased the SNDK that didn't fill yesterday and also some QLGC/ANCR. Won't chase WSTL anymore @ this level.

My market charts are still healthy or else I would not be a buyer today. AG's comments yesterday accelerated the date of the next rally. We can still consolidate for a week but this seems like a good entry level. Of course we can always be running up to the bear cliff.

Tim