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


To: SBHX who wrote (5502)9/25/2000 2:17:23 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
I do not expect us to go much below Friday's low in general, but if some critical stocks like NVLS and INTC do not hold last week lows, I'll have to change my opinion, again. I did suggest that the rally will not start in earnest until few hours after the opening Tuesday, but I am not waiting to the last minute, thus my premature additions today of INTC and MU (both under water <g>), and of BRKS last Friday.

I did decide few minutes ago to take a little profit from VECO (Out at $95-3/16 for less than $3), but only to try and replace this stock with cheaper stock, possibly under $90 if this relapse becomes more severe.

Zeev



To: SBHX who wrote (5502)9/25/2000 2:42:44 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
By the way, I also got a confirmation of a sale on MVIS at $41-3/16 for $4 profit. The SOX must hold $880 or else the whole rally "hypothesis" may collapse. I am rooting for the SOX holding 880 and INTC holding $46.5, but it sure looks gloomy out there (g).

Zeev