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

To: mishedlo who wrote (3685)7/27/2000 3:10:06 PM
From: mishedlo  Respond to of 30051
 
Did RMBS close the gap?
Target low.



To: mishedlo who wrote (3685)7/27/2000 3:13:23 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
If we do not close above the Maginot line, I think we are going to around 3400 first and if that does not hold, we go lower than the May lows, IMTO. Probably the original May Turnips Target of 2950. But, until the fat lady sings, I am still optimistic and am slowly reestablishing positions, I just bought CYMI at $43.125 (sold it yesterday at $49.25, a nice discount).

Zeev


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