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


To: Jeff Guy who wrote (7895)11/16/2000 10:54:28 AM
From: Zeev Hed  Respond to of 30051
 
I hope RDRT works out, I reentered it yesterday before the close just above $6.

Zeev

In edit, well, it seems that BRCM does not "want" to go above $160. Thus I sold it at $158.5, still $6 gain, but I'll look at it later to see if $150 holds or not. I also sold SCXMR at $70 flat ($2.75 to the good). It seems that the channel is narrowing, I was expecting a "challenge" of the $72 area. ARBA was a mistake and went out at $87 for a buck loss.

CREE is also disappointing and went at $108.75, for $1.75 gain.