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


To: Zeev Hed who wrote (11457)2/21/2001 3:37:39 PM
From: Bruce A. Thompson  Read Replies (1) | Respond to of 30051
 
Volume in the NAZ, SSTI, RDRT all saying nothing still. "Endeavor to Persevere" <g>

BT



To: Zeev Hed who wrote (11457)2/21/2001 6:19:05 PM
From: Rick Storm  Read Replies (1) | Respond to of 30051
 
Zeev, i was wondering if you could share some info on how you exit a trade; I dont have time to exit unless I have the exit price in as soon as I buy; I have seen the use of a trailing stop; but have never had time to place this; do you sell based on the movement of the stock or the naz or your turnips or do you put in the prce as soon as you buy; you have amazing exit skills<G>



To: Zeev Hed who wrote (11457)2/22/2001 2:52:58 PM
From: GTC Trader  Read Replies (1) | Respond to of 30051
 
<< AMAT broke $44 yesterday (Tuesday, 2/20) >>

Zeev, is this a typo? It looks like the low on Tuesday was just under 46. Yesterday, it spiked down to just under 44.5 at open, but that is the lowest this week.

<< if it holds $44 on this onslaught, it may be "healed" >>

Today, you reiterated your belief that resistance at 50 will hold. (I agree based on the chart, but if we are bottoming here, could AMAT join the rest of the market in a rally?) Since 44 has not broken, does this increase the likelihood of 50 being taken out?

Earlier, you projected a low of ~25. Is this still possible with your current turnip outlook?

What is your short-term outlook for AMAT? 40 - 42 ?

Thanks in advance - HB