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

To: GTC Trader who wrote (5076)9/14/2000 3:54:39 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
I never use an actual SL in the az, they are almost sure to go and fish for it. I use a mental one. If INTC closes under $60, that would indeed be a bad omen, not just for INTC but for the SOX, and without the SOX, the rally will have difficulties. I would suggest that if you see a print under $58, you bail out at once. Preservation of capital is more important than being right or buying within a buck from the low (g).

Zeev


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