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

To: Bruce A. Thompson who wrote (10364)	1/19/2001 10:16:04 AM
From: Zeev Hed	Respond to of 30051

That is actually not a very good sign, peaks in prices often coincidse with peaks in volume. Ask yourself, if everyone has bought here, who is left out there to buy? Last March we had a similar exuberance in volume and we all know what followed. I for one, just got out from that IDPH I bought in pre market, I have taken a $2 loss, no sense in standing in front of this one it could go down to the $55 tomaybe even $50 before it comes back. I also sold VECO at $64-3./4 just a $1 profit. I think I can get it back under $60. Zeev