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

To: McNabb Brothers who wrote (5533)	9/26/2000 2:47:30 PM
From: Zeev Hed	Respond to of 30051

The trin did not go much above 1.00 despite the fact that the tic got to -800 or more, this is a positive divergence, the extent is not particularly large, telling me we are not too far from the bottom, but the turn might be "slow" and selective. I think we may wallow around the bottom a little longer, and thus looking for better entries points might be wise. For instyance, I got out, few minutes ago, of SNDK at $74.5 and hope to get back in $2 to $3 lower. There is still relentless selling in some of the semis like INTC, AMAT, NVLS and LSI. Zeev