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


To: Zeev Hed who wrote (10965)2/9/2001 10:57:45 AM
From: Zeev Hed  Respond to of 30051
 
Trying QLGC and EMLX, again, the first at $69 flat and the second at $75.25. Still not a trip on BRCD, come down baby just under $73 (g). Also jumped into GMST at $50-7/8.

Zeev

In edit, just added CMRC here at $23.5 and ARBA at $25.5. We are just around 2500 on the Naz, and we should get a little bounce, I hope

I reedit, the bu$$ just went again, this time at $46-5/8, another $1-3/4 to the good, so far today$6-3/4 on this one. It is turning to be a pretty good day, so far..BRCD just went out at $80.



To: Zeev Hed who wrote (10965)2/9/2001 11:15:36 AM
From: Zeev Hed  Read Replies (3) | Respond to of 30051
 
Could not hold the heat, the market is turning down again, not a good sign, just got out of EMLX at at $76 (only $.75) and QLGC at $70.5 ($1.5 to the good). Took a loss of $5/8 on GMST, it could go down no to the mid $40'. I amy have to take a loss on VECO, waiting for an exit opportunity on a bounce. This market is getting into "massacre mode a good week ahead of schedule (g).

Zeev



To: Zeev Hed who wrote (10965)2/9/2001 10:19:06 PM
From: GTC Trader  Respond to of 30051
 
BRCM << Like minds think alike, I just sold it again here at $82.125 >>

You are too kind. I may have some similar targets, but no one can execute like you.

I'm still short. I can only trade GTC, so I can't "surf the channels" like the master. I will be completely away from the market Mon - Wed, so I think I will hold most of my shorts for the next drop down. I may place some GTCs this weekend though.

Take care - HB