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


To: Robert Faust who wrote (4842)9/1/2000 11:12:54 AM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
Robert, you were right, I believe, the $42/$43 area seems to have a lot of supply in MVIS, I am out of it right now (sold last at $41.75, so, I left some on the table). I think there is a good chance of going back to the $435.$37 area before an attempt of breaking $43 is made.

In the meanwhile, I sold SNDK at $86-3/8, a gain of more than $3 on this last trade. I was hoping that $88/$89 will be taken out but like MVIS it seems that for the time being these are "stall" areas.

Zeev