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

To: Zeev Hed who wrote (10938)	2/8/2001 3:09:40 PM
From: captain_midnite	Read Replies (1) \| Respond to of 30051

Ya don't think SCMR has more in it Zeev, maybe a visit near 30? No position myself, was too stupid to buy under 24, even this morning, but I think it has a chance for a bit more...regardless of buy-out rumor, likely bogus. But good profit...not the market to "stretch" things, definitely. Tend to agree with Mike M.'s scenario...low here or around the 9th, with a rally ensuing. Similar to what Jerry Favor is saying...always liked his reports on CNBC when he appeared. Just understanding him at times was tough. We shall see...COMPX 2600 now some resistance, Friday could be a reversal day. Guess I am somewhere in between, a trip to 2400-2500 due. Someone is bound to be right..? midnite

To: Zeev Hed who wrote (10938)	2/8/2001 6:18:23 PM
From: Mike M	Read Replies (1) \| Respond to of 30051

I'm looking for a bounce in stocks tomorrow. I like CIEN, CSCO, QCOM among others for a nice pop (in deference to native Americans will avoid calling it a scalp...<g>)

To: Zeev Hed who wrote (10938)	2/8/2001 11:33:15 PM
From: GTC Trader	Read Replies (1) \| Respond to of 30051

<< a real sharp decline starting late next week >> Thursday at 2:30? I'll be on vacation next week and away from the market all day Monday - Wednesday. Will Thursday be too late to set up more shorts? I plan to have a couple GTCs set before I leave, such as BRCM ~90, JNPR ~100, PSFT ~40, and AMAT ~47. Datek won't let me short CPST, but so far the puts are doing well. Almost sold at 4 5/8 today for a double. Maybe tomorrow. A dip to 31-32 should do it. If so, I will try to reload ~3 before the end of next week. Thanks for all of your help. Your turnips are great! Best regards - HB P.S. What do you think of Energy stocks here (CPN, DYN, MND, ENE, SLB, etc.)? Will they go up due to the energy crisis, or down with the rest of the market? I am in California, by the way, and "enjoyed" a one hour twenty-minute black-out late last Friday night.