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


To: SBHX who wrote (5396)9/21/2000 10:00:39 PM
From: Bosco  Read Replies (1) | Respond to of 30051
 
Hi SbH - here is a piece from Morningstar

news.morningstar.com

Personally, I think INTC should bring back David House :)

best, Bosco



To: SBHX who wrote (5396)9/21/2000 11:16:56 PM
From: Zeev Hed  Respond to of 30051
 
Yes, INTC breaking $55 and on huge after market volume (some 18 MM shares?) does look like writing on the wall. Is every one here sure that the release was not another EMLX like hoax?

As for KEM, I have a stop loss at $26.875, so, I have a little cushion there. SNDK and SSTI may have to go if the afterhours numbers are an indication of tomorrows trading range. I think that being a chicken and stepping aside would not be a bad idea on the opening, you may want to see if the decline gathers momentum or not. I hope a lot of you have built cash reserves since the beginning of the month (yesterday at around 1:00 PM, I posted a "panic" post selling more than 50% of all trading positions, and I hope some of you guys panicked with me).

Zeev