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


To: xcr600 who wrote (4938)9/8/2000 11:22:31 AM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
I think it will be more a gradual decline, we already had the first wave down interrupted yesterday with a rally, now we have the second wave and probably will have a small bounce from todays low to above 4000 and then the last wave down might be quite climactic. Having said all that, I have gotten back into RDRT at $9-11/16, not exactly $1 discount, but I'll take the 15/16 (g). By the way, that brings my RDRT cost under $2 and i hope to bring to naught with few more trades.

To Dave, I finally doubled up on GMST at $76, I was hoping for another swoon to $75, but it did not happen, and I have an hour or two I'll be off, so I did not want to miss the entry.