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

To: mishedlo who wrote (6173)	10/12/2000 9:18:29 AM
From: Zeev Hed	Read Replies (2) \| Respond to of 30051

Buy some at the open, but expect a solid retest of at least the open, maybe even the 3180 area. Each stock will be different, however, for instance, I think that the bu$$ will have another visit to the high $50, so I am not jumping back in there. Zeev

To: mishedlo who wrote (6173)	10/12/2000 9:41:46 AM
From: Zeev Hed	Read Replies (2) \| Respond to of 30051

I ave used the first five minutes pop to lighten up just a little, sold SCMR at $83.5 for a very nice $11.5 profit. Also sold SNDK for $63.5 for $7 profit. I'll be back in both, I hope and still want to get back on the bu$$. Zeev In edit, expecting some selling on the news, I took nice profits on AMD at $24-3/4, as well. I also just "squared my account with VECO selling at $77-3/4. Now I have to find a reentry point, since strangely enough, this stock keeps making new recovery highs, indicating basic strength.