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


To: Rich1 who wrote (9947)1/8/2001 9:16:48 PM
From: Zeev Hed  Read Replies (2) | Respond to of 30051
 
I am not in tomorrow morning, and I know I am taking some serious risks by not putting few orders to sell above the market, but my turnips have been whispering that the peaks is Wednesday (the 10th) at 2:00 PM plus or minus an hour..., so i got to stick to my guns and not yield to temptation and take more profits. The only above market order I have put in is for AMAT at $49-5/8, I view $50 as a strong overhead resistance, and if we have a morning rush, I may get caught. I had a rally in the Bu$$ to $45 with an outside chance of $49, but because I am not in the morning I sold it this afternoon for a little less than "target", still, not a bad 10% trade.

Zeev