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


To: Zeev Hed who wrote (4517)8/20/2000 1:48:10 PM
From: Logain Ablar  Read Replies (1) | Respond to of 30051
 
Zeev:

WSTL - If it doesn't move this week its history. The strike settlement should move it back into the $20's or something fundamentally is going on I'm unaware of.

Message 14243813

Also on the nets I do like CMRC, one of the leading B2B stocks, at this level. It looks to be forming a coiled spring. Of course it can also break down vs. up at this point but I'm invested and expecting a move up within a week or so.

On SNDK I'd expect a run into earnings @ some point. I'm not in it at the momment but will reenter on a pull back.

Tim



To: Zeev Hed who wrote (4517)8/20/2000 6:50:15 PM
From: cellhigh  Read Replies (1) | Respond to of 30051
 
lets hope thats the case...i do believe this break above the line will hold (closing basis)nasd.
i must admit my cmgi's performance is really curious due to total underperformance.perhaps inflows will heal it.
nasd has performed this way its whole life,nothing new nothing different.i imagine these can be some of the tougher times to trade your style(possibly more rewarding).

edit..Zeev can you pick on any of my issues..csco cmgi cmrc navi palm rmbs ssti...any info is always appreciated!



To: Zeev Hed who wrote (4517)8/20/2000 8:34:54 PM
From: orkrious  Read Replies (1) | Respond to of 30051
 
not SNDK

Zeev, what's your prediction for SNDK?

Jay



To: Zeev Hed who wrote (4517)8/21/2000 9:09:20 PM
From: GTC Trader  Read Replies (2) | Respond to of 30051
 
<< I believe that February will be a disaster. >>

I turn 40 in February, so I share this outlook !!! : - )

SCON and CDTS - you warned of potential downside recently. I am short at 22 and 19, respectively. SLs at 21 1/2 and 18 1/2, respectively. My targets were 13 and 11 assuming a sharp drop in the Nasdaq, but now it sounds like you don't think that is in the cards. Any thoughts on these two stocks? Will my stops be taken out tomorrow with the Fed announcement?

I am looking for 97 on RMBS. I will check you other posts for your current outlook.

On the long side, what stocks do you think are safest, with the best possible upside, for entry this week?

Thanks -- HB