Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Zeev Hed who wrote (8480)	12/1/2000 10:00:05 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

Just got back into BRCD at $165-3/4. Be careful of this rally, I think it may not go above 2800 or so, but I will be continuing the selling before we even get there. Zeev SCMR just got kicked out at $45-3/8 (about $4.5 to the good, this splurge yesterday looks good today (g). CREE also went at $59.125, only $3 on this one, and BRCD is already dropping on me.

To: Zeev Hed who wrote (8480)	12/1/2000 10:09:33 AM
From: Zeev Hed	Respond to of 30051

It starts to look as if that is all the rally we are getting? I was supposed to be a little more spirited. I just bailed out of VTSS at $47-3/4 ($4-3/4 to the good), and from SNDK at $41-3/8 $(3-3/8 to the good). Zeev Well, I am back in BRCM at $98, I missed the swoon to $97. I also got back on the bu$$ at $41. It seems we are ready to put another small leg up here.

To: Zeev Hed who wrote (8480)	12/1/2000 10:49:54 AM
From: Zeev Hed	Read Replies (2) \| Respond to of 30051

I just sold BRCD again for $166.5, it is not acting too well here. I also Sold XIRC at $16.125 ($2.5 to the good, a nice one). The reason, top of the channel. I also got out of the holy one at $11.125 for $1.5 (it was a double position, and that is what I needed to cover my loss from yesterdsay). It could still go to $13.5, but I'll wait for a small retrenchment. This one is in amajor downtrend, and thus should be played, IMHO, only for the channel for the time being. The bu$$ also went out for $43.25 (another $2.25). I believe that $44 is now a major overhead resistance, we need Infineon resolution to take it out. Zeev In edit, back in JDSU at $56, yes, I know it is $2 mor than what I sold it earlier for, I'll try and recover these.