Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: xcr600 who wrote (14179)	4/6/2001 12:06:30 PM
From: Zeev Hed	Respond to of 30051

Yes, that is probably the cause, yet, it should not have breached the recent low at $47, so the trend is still down, I am just playing that down channel. I got back into SNDK here at $19-7/16, a discount of better than $1,5 from yesterday sell. Zeev In edit, I just took some little profits from MERQ here at $37.75 ($2.25 to the good) and will reenter if discount is offered (or pay the piper, still thik it could run to $50...). Also took DPMI off the table here at $41.62, for $1.3 profit and VECO at $37.5 ($38 seems to offer some serious resistance here) for $1.75 profit, and will reenter both at a discount, if available. NVLS also went at $38.06 for a nice $4 profit. At least cash is back to about 18%.