Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Zeev Hed who wrote (5420)	9/22/2000 11:46:00 AM
From: mishedlo	Read Replies (1) \| Respond to of 30051

Zeev - I would say that TA and FA on the BU$$ are very very out of line. INTC, the only one to be using RMBS (except for playstation) is down 20% the BU$$ actually printed a + for a second and is holding nicely above 80. Comments and thoughts - other than the standard "when the TA ....."

To: Zeev Hed who wrote (5420)	9/22/2000 12:29:25 PM
From: GTC Trader	Read Replies (1) \| Respond to of 30051

Zeev, My GTC sell of JDSU at 103 executed this morning for a $5 profit. Raising a little cash as a defensive move and locking in a rare profit. My GTC sell of SSTI at 28.5 was at least 25 cents too high, so just lowered it to 27 7/16. I see good support at 25, so yes, you may get it 10% lower, but I am not too concerned at this point of a big drop. Sold SNDK at 73 9/16 for a 6.5 point loss. Better safe than sorry, even though I like this stock and expect good things from it. Under 75 however looks dangerous, so maybe I can get back in cheaper. My portfolio is bleeding a lot less than expected and I am happy to see the Dow holding above 10,650 and the Naz holding above 3700. I hope we have seen the worst, but I did lighten the portfolio in case we get the dreaded afternoon swoon. Thanks again for your thoughts during this difficult time. Best regards - HB Edit - Just dumped SSTI at 26 15/16. Didn't like the drop below 27 without buying coming in. Can't sit and watch it, so I had to act quickly, and possibly, prematurely.