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


To: Steve Lee who wrote (8739)12/8/2000 2:28:40 PM
From: Zeev Hed  Respond to of 30051
 
It was a decision by association, SNDK seemed to want to break out, so I also took SSTI (assuming it will follow SNDK on a break).

However, I just sold the SNDK and the bu$$ on the news each for just $1.5 ($50.5 and $54.5 respectively) expecting a "sell on the news".

SCMR and CREE broke through $65 and $75, so I will buy them after a retrenchment (sell on the news here) together with reentries in the buSS and SNDK. I hope...

Zeev

In edit, in CREE at $73 and in SCMR at $62-3/8.