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


To: Zeev Hed who wrote (5128)9/15/2000 2:42:15 PM
From: Steve Lee  Read Replies (1) | Respond to of 30051
 
"bu$$ refuses making a new DLL"

DLL = Daily Lower Low?

If so, didn't it do that at the open or am I misunderstanding "DLL"?



To: Zeev Hed who wrote (5128)9/15/2000 2:45:48 PM
From: anandnvi  Read Replies (1) | Respond to of 30051
 
Ive got 29 1/2 as my entry point into ssti with a double down if it goes below more - thoughts?

Anand



To: Zeev Hed who wrote (5128)9/15/2000 4:13:42 PM
From: SBHX  Read Replies (3) | Respond to of 30051
 
Zeev, my thoughts on rmbs

I think each patent licensing announcements, will continue to give this stock a nice pop, but the pops seem to be taken as an opportunity to exit instead by some long-term holders. On the other hand, after settling down from the initial pops after an announcement, sitting on it while waiting for the next announcement may not be such a bad idea.

It looks like selling on panic with rmbs is the wrong thing to do, while buying after the euphoria of each pop may not be so bad. I wouldn't mind playing this game unless it goes above 100, which would start to get into dangerous territory.

What do you think the next entry point should be?

SbH