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

To: Jdaasoc who wrote (6954)	10/30/2000 2:18:03 PM
From: Zack P	Read Replies (2) \| Respond to of 30051

Terrible day for the indexes but the tick has not gone very negative. So is this a positive divergence (good) or lack of needed panic (bad)?

To: Jdaasoc who wrote (6954)	10/30/2000 2:21:04 PM
From: Zeev Hed	Read Replies (3) \| Respond to of 30051

John, I am not sure if to call "testing th water" some bargain hunting. The SOX has been doing a little better this afternoon, but I still do not like it. I just used the run in VECO to bail out at $66.5, I think I still can get it back closer to $60. In the meanwhile GMST got back down making new daily lows and I jumped in at $62-3/4, of cours, it continued lower (g). Zeev In edit, I just got back into QLTI at $44-3/8. I still think it is an excellent company.