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

To: Zeev Hed who wrote (14966)	4/24/2001 2:37:52 PM
From: Crimson Ghost	Read Replies (1) \| Respond to of 30051

The NAZ has headed south faster than most of us expected. I did not expect my 42 QQQ target to be hit until next week; now looks like it might be reached later this week.

To: Zeev Hed who wrote (14966)	4/24/2001 2:49:20 PM
From: Amots	Read Replies (2) \| Respond to of 30051

Zeev. Got some AMAT MAY-50 puts this morning and they broke 52 . What is your target if they close below 52??? TIA Amots

To: Zeev Hed who wrote (14966)	4/24/2001 6:36:15 PM
From: ajtj99	Read Replies (2) \| Respond to of 30051

Zeev, I agree ONIS is one tricky stock. It is one of Gilders picks, and he had the grace of putting it on his list 2-days before their massive lockup expired in January. I think what Dilbert is saying is that the resistance points are pretty spaced out on ONIS. 34-35 is pretty solid resistance, and then it goes up to about 39, if memory serves. I agree that it is a train wreck in the making, but they've not guided down yet on their outlook for this year the last time I checked. That makes them a "darling" in the eyes of analysts in this sector. They're still also small enough to grow sales at an impressive rate while even though the total revenue numbers are not that large. It's easier to do this when you're doing less than $1-billion annually in that sector. I still think their time to drop big is coming, but it may not be until late summer. Until then, they will trend a little above the market and their sector.