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


To: Zeev Hed who wrote (3556)7/25/2000 1:40:32 PM
From: Logain Ablar  Respond to of 30051
 
Zeev:

I would have held SSTI a little longer ($70) but I read (no actual checking, verification or DD on my part that next quarter earnings are impacted more heavily by full taxation (don't understand this since it should be factored in under FAS 109)) and the SSB downgrade clould I figured I'd do a quick roll. This may be setting up for a good trading range between $73ish and $88ish.

SNDK chart looks to be getting ready to eat the resistance @ $73 and once $79 prints I also expect a big move.

Tim



To: Zeev Hed who wrote (3556)7/25/2000 1:46:29 PM
From: vampire  Read Replies (1) | Respond to of 30051
 
BVEW announced earnings - though they beat estimate, CIBC dropped them to "hold"