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

To: Jdaasoc who wrote (7346)	11/7/2000 1:19:27 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 30051

I think that we simply "met" the 3450 area, went a little above it yesterday, and expect the rally to resume shortly. I am getting ready to get back into CREE, just trying to play chicken and see if I can get it just under $110. I am also eyeing a reentry into SCMR and SSTI. Zeev In edit, CREE just printed $109, but still "see" selling pressure, I'll wait until I see the white in the eyes of the MM (g). In reedit, $109.125 is satisfactory, a discount of $12 plus from my selling yesterday. Zeev