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


To: Zeev Hed who wrote (14253)4/9/2001 1:24:47 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
That experiment with BRCD and BRCM is not turning out too well, both went out at losses, BRCD at $19.92 and BRCM at $22.80, minimal losses, but who wants to stand in front of a freight train? 26% cash and going nowhere in this boring market.

Zeev

We are heading down, and thus QCOM is brought back into "buying range here, so I got back in at $44.25, I hope we turn soon, the market's internal are not really that bad, only the Sox is really being hit hard (and threatening a breach of 454.



To: Zeev Hed who wrote (14253)4/9/2001 4:27:10 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 30051
 
I believe NVLS and AMAT are the "Knife's Edge" in this tech market

semiconductors are in trouble, SOX breaches lows, INTC taken down
anyone who thinks chipfabs could thrive in this environment...
is taking a big risk

Zeev, when do you expect a news vacuum to present itself ?
I am thinking the last week of April until midMay
any thoughts?
thanks, Jim