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

To: TREND1 who wrote (18802)	6/26/2001 9:46:23 AM
From: Rich1	Respond to of 30051

1211 on the S&P Sept futures is the next line in the sand we breach that I think next stp is either 1196 or 1160..

To: TREND1 who wrote (18802)	6/26/2001 9:48:53 AM
From: michel petit	Read Replies (1) \| Respond to of 30051

Larry, Can you update that list?

To: TREND1 who wrote (18802)	6/26/2001 9:57:24 AM
From: Sam	Read Replies (3) \| Respond to of 30051

Larry, I can see how strong QLGC has been lately, especially relative to the overall market. I just don't see why it has been strong. You may recall that IRF also had a great looking chart until a few weeks ago when they warned, and crashed from around 65 or so to the high 30s in a day. I am just wondering if a similar thing may happen to QLGC. Their quarter ends at the end of July, so they won't warn for a at least two or three weeks now, plenty of time to get it into the 60s, distribute a lot of stock, get short and then happily collect another toll on the way down. As Zeev and others have said, think like a criminal to understand these guys. But I am searching for a reason why QLGC might be exempt from the sector wide slowdown that is affecting storage related companies like BRCD, NTAP and EMC, but, according to BoA, is exempting QLGC. Any speculations that people have out there are welcome. Sam