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


To: U.B. Green who wrote (7423)11/8/2000 1:53:29 PM
From: Zeev Hed  Read Replies (2) | Respond to of 30051
 
Not particularly ugly, about 200 naz points from the high, actually a very typical 50% retracement, if it holds the 3230 or so level, which i think it should. Now might be a good time to complete redeployment.

Actually, some of my buys from earlier today are even a little higher (some are not). A low bid on the holy one just filled at $15-3/8 ($1.5 discount from the day's high), but on the other hand, SNDK never breached $60. It looks worse than it really is.
Zeev