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

To: Zeev Hed who wrote (6786)	10/25/2000 4:05:20 PM
From: Logain Ablar	Read Replies (1) \| Respond to of 30051

Hi Zeev: We'll this is where I get in trouble but I'm pretty sure I'm back in SSTI and a new one BVSN. BVSN @ 25 should be ok but the stop is tight. gancho had an opportunity with the holly one @ 12ish with a pretty good stop. I almost pulled the trigger but tomorrow is another day. Tim

To: Zeev Hed who wrote (6786)	10/25/2000 4:07:40 PM
From: gancho	Read Replies (1) \| Respond to of 30051

Damn.....This market sure screws Gore....

To: Zeev Hed who wrote (6786)	10/25/2000 4:58:34 PM
From: Jdaasoc	Respond to of 30051

Zeev: if we break the 3000 level, we might rapidly go down another 300 naz points I keep trying to understand which group of tech stocks will lead us upwards beyond a 7-10% bounce before quickly retesting lows. Since they took out and shot optical networking today, I am clueless what sector is going to get us to hold 3400 anymore. Each whipsaw action makes people less confident to invest even for a 2-3 days hold time. I am with you for large cash position until selling becomes painful. Meaning 2-3 days bottomed out at whatever value it is none of this 4-6 hr bottoming stuff. I figure it may be somewhere in the mid 2000's where we started from in Oct 99. CSCO still has 17 pts to reach Oct 99 lows which should be very possible after what has happened to LU, JDSU, NT, INTC, MSFT, etc, etc, etc. I see NDX futures having us open below 3100 tomorrow. john