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


To: Zeev Hed who wrote (4982)9/11/2000 11:30:38 AM
From: Zeev Hed  Read Replies (3) | Respond to of 30051
 
Anyone has a 2"x4" to hit me with? I just bought the well known POS MU at $66-3/8. Ii is lagging, but I believe the SOX is going to engage in a very nice recovery from here, and what is an advancing SOX without MU? The recent downgrade (with a 12 month target of $50) may not be that wrong, but before that, i think we may see at least a challenge of the high, if not better. Quite a 50% bounce from here. Wish me well on this one.

Zeev