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

To: Logain Ablar who wrote (4769)	8/30/2000 4:00:16 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 30051

Tim, actually, the holy one, just like WSTL is holding their Maginot line at $15.5 pretty well. I am not in the holy one, one WSTL like stock is enough (g), and I have others in the same class (like HAUP and RDRT <G>). As for the I-net, I fear that any advance there is going to be met with a bunch of lock-outs and overhead supply, so I try to play others. It may be time to get back into KEM, but I would like a slightly better price like under $30. Tell me about the semi's, I am getting murdered with CYMI (VBG), but on the other hand, they won't bring BRKS to my range, go figure, well, maybe they'll let me have more CYMI at $42.5 (do I want any? <GGG>). By the way, EXDS (which I bought on the breakout at $60) and APH are both doing extremely well relative to the market here. Zeev

To: Logain Ablar who wrote (4769)	8/30/2000 7:50:58 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 30051

Tim, there are few "minor" elements that could bring the stealth rally to an abrupt end, so we must stay aware of these. I expect that after labor day these will be corrected. Of concern is th fact that the SOX was turned from its upper trading band rather than piercing it, the same with the NDX 100 (not yet "turned" but in real danger), if we can hold without a break tomorrow and Friday, I think that the resolution of these "tension points" will be up, but I am not sure. from the turnips' last buy we had a 600 advance on the Naz, not bad, but we have the 4270 (another 170 or so points above) area to contend with. For various reasons mentioned a number of times on these threads, I think that we will get above that without even having to go back to the 3850 on the naz first (the Dow has taken the correction flag and run with it), but if we do breach 3850, a much more cautious stand should be taken, and by late next week, that level should be rising to just under 3900. Zeev