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


To: Zeev Hed who wrote (10940)2/8/2001 3:51:10 PM
From: Jeff Guy  Read Replies (1) | Respond to of 30051
 
Zeev, you holding anything overnite?



To: Zeev Hed who wrote (10940)2/8/2001 11:58:26 PM
From: GTC Trader  Respond to of 30051
 
<< As for SCMR, ... , but I fear it may not hold and continue to my target in the $19 to $20 area. Kind of "poetic justice" bringing it down to 10% of its all time high. >>

Zeev,

I tend to place GTCs since I cannot follow the market intraday. Would a GTC buy of SCMR at 20 be a good long-term buy with lots of upside or is the stock broken and/or have more downside risk?

TIA - HB

P.S. I am looking to load up on BRCM ~60 and JNPR ~75 for long-term holds. Those should be profitable entry points if we are given the opportunity.