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


To: GTC Trader who wrote (4670)8/25/2000 2:31:09 PM
From: Zeev Hed  Respond to of 30051
 
If HAUP gets above $8.5 (closing) it gets off the danger list, I am still in it myself ($6-13/16) and am yelling "go, go, go" for the home team, but not to fall in love with this darling, I got to call it as it is, dangerous, particularly if $7 does not hold on a closing basis.

I would not "scratch" it here, it seems to be slowly mending its technical wants.

As for the Bu$$, I considered a breach of $87 as dangerous, but since that swoon to $85 occurred during the EMLX/QLGC fiasco, I am calling it an abberation, and I thus reentered the bus at $86 flat, only for a trade, to the range of $90/$91.5. I am getting ready to call the retreat in SNDK over as well.

Zeev