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


To: Bruce A. Thompson who wrote (7173)11/3/2000 3:49:59 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
No yet, patience, let your profit runs, just raise your stop to just under $110. I just did that mistake with CDTS and had to run back in, luckily, they gave me a swoon to the low $13, but by the time I reacted, I paid $13.5, it was not worth the risk of staying out. CDTS is now clear, first to the $17, then the $21 area. SCON has just joined the party, finally.

Zeev

In edit, now that we are running into the mid $120' with CREE, yes, I would consider bailing out since it is is an overhead supply area, I just got out at $121.5. I'll try and reenter between $110 and $115. That was a nice $20 run in less than a week.