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


To: GTC Trader who wrote (4579)8/22/2000 4:35:58 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
No, actually, the market behaved almost as expected today, now we have the real task of closing above 4000, but the retrenchment of most stocks I follow were well within bound, including SNDK.

By the way, if you are interested in a possible high risk/ reward situation, I am planning on getting back into CCRD on a swoon down to the $20.5 to $21.5 area tomorrow. A relatively close stop loss at $18 can be used (intraday, or $20.5 on a closing basis), and once the stock moves up, it could easily go back to the $32 area.

Zeev

Zeev