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


To: Jdaasoc who wrote (9981)1/9/2001 12:48:32 PM
From: Zeev Hed  Respond to of 30051
 
You might be right and the jitters are increasing, the SOX just broke the daily low, I am taking few more chips off the table, sold ADI at $46 (a loss of $1.25), nothing wrong with it fundamentally, but I am getting scared that the peak might be a day earlier and 150 naz points lower than I expected. Also out of APH at $38-3/4 (a nice $4 on this one) and AMAT at $4.125 (actually a loss of $.5 but I did pretty well on it on the fed's move). I did get back into IDPH at $140-7/8. here too, I hoped for under $140, but this decline in the naz in the last hour did not bring it back, so I jumped.

Zeev