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


To: Rich1 who wrote (5987)10/9/2000 12:48:51 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
We never got an extreme reading on the tic (barely -1100), but the trend has gone to .70 or so fro, 2.00, it could be the bottom, but probably not the end of the decline. I have already put my toe in the water (few fast trades on VECO an entry and exit from the bu$$, doubled up on QLTI and of course entries in the DD sector with RDRT and KMAG). I also got some AMD at $22 (missed the bottom) since I am impressed that it has not followed INTC to to a breach (I consider the $21 area as major support). Still heavily in cash though.

Zeev



To: Rich1 who wrote (5987)10/9/2000 2:13:51 PM
From: Zeev Hed  Read Replies (2) | Respond to of 30051
 
OK Rich, I just cannot leave you alone on the bu$$, I am not sure if it stopped bleeding, but I just got back on (a tiring exercise) the bu$$ at $70-15/16 (actually some time ago, I got interrupted in the middle of the post) and VECO at $71.

Also back in the flash pair SSTI (at $21-7/8) and SNDK at $61.5, and SCMR at $84 and change. These three are also "late reporting".

I also got back into CMRC (paying the piper) at $64. And have just taken a flyer on TFS at $22-5/8.

Zeev

In edit, with the trend at .51, maybe thios rally will have some legs after all.