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


To: Rich1 who wrote (8734)12/8/2000 1:35:47 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
Well, it seems your cycle guy was right, and with the political picture getting clear we may have that rally going a little higher, if we do not go above the 2950 or so reached earlier in the week, however, we may have some additional retrenchment. Right now, however, all I could buy is QCOM at $102 flat, hoping it breaches the $107, I may buy more if it gets back under the $97/$98 area.

As for the bu$$ and SNDK, they seem stucked under $53 and $49 respectively. So, for the time being, I took the bus off at $52-3/4 ($6.75 to the good) and SNDK at $48.5 ($4.125 to the good).