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

To: mishedlo who wrote (4207)	8/10/2000 11:47:02 AM
From: mishedlo	Respond to of 30051

Hope McNabb sold his NTAP calls for a healthy profit.

To: mishedlo who wrote (4207)	8/10/2000 11:50:48 AM
From: Logain Ablar	Read Replies (1) \| Respond to of 30051

No short suggestions. I also don't have good feel for risk / reward when it comes to shorting. I can do an analysis but many times wrong on the short end. That may be due to being in the bull market and not recognizing the trend. It is too easy to be whipsawed. Semi's are looking good at this point. We are close to one of the resistance areas on the NAD and NAZ. If we break thru on upside it would be bullish. We can just as eaisly fall back to 3,500 - 3,600 range with earnings now past. I don't know at this point which is why I too am mostly cash. Preserve capital vs. missed opportunities. Opportunities will be there. Tim Tim

To: mishedlo who wrote (4207)	8/10/2000 11:54:20 AM
From: mishedlo	Read Replies (2) \| Respond to of 30051

Actually Tim, What I want are a few days of Chinese Torture as Zeev calls it. Then a nice panic drop at the end. The last time the futures opened up way down was a trap. Small drops will continue for some time. A re-test of that gap down should be expected, shouldn't it?

To: mishedlo who wrote (4207)	8/10/2000 2:12:11 PM
From: anandnvi	Read Replies (2) \| Respond to of 30051

> Short suggestions? mishedlo, look at swcm today and read about their deal with phcm. I opened a short position at 155.875, hoping for that gap at around 120 to be filled. Anybody know the stock well enough to comment? Thanks Anand