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

To: Zakrosian who wrote (18641)	6/22/2001 4:51:42 PM
From: Zeev Hed	Respond to of 30051

I am not in love AMSC, but technically, they have bounced nicely yesterday from the 18$ area (which was "overhead resistance before the last run), so you should expect a run to the $27 plus area. Since I expect a retest of the $18 area, this should be a nice 50% move ($18 to $27 the top of the range?). Long term, I don't like that company. Hey, I was in MU for a very nice double (the scenario) last yea, and i don't think much of that company either...Remember the basic tenet, don't fall in love or hate with a company. Zeev