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

To: TREND1 who wrote (15429)	5/4/2001 2:20:46 PM
From: Zeev Hed	Read Replies (3) \| Respond to of 30051

I am not sure how good is the trinq per se as a determinant of buying or selling. It opened very high, but the market continued down for quite a while before it turned. I use the trinq in conjunction with the tic to try and determine if a move is for real or not. By the way, right here around 2:30 we should get a "feel" if that bounce is for real or not, if we develop meanungful weakness, I'll withdraw from the last three entries. Right now the VECO entry is in the green but the BEAS and MERQ are essentially where I got in. I am getting concerned about the divergence between IXIC and SOX, the sox may very well lead us down again. Zeev In edit, decided to get out of that trio, took $.5 loss on MERQ, even on BEAS and a buck gain on VECO. Nothing to write home about (g).