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


To: Zeev Hed who wrote (23330)8/8/2001 12:13:09 PM
From: hotlinktuna  Respond to of 30051
 
Zeev...I got back into BPRX 6.50 -.54 and AMRI 29.66 -2 after guiding earnings est. higher slightly....tuna



To: Zeev Hed who wrote (23330)8/8/2001 12:26:59 PM
From: TRINDY  Read Replies (2) | Respond to of 30051
 
Zeev and anyone--Help me out here. I am astounded by the ability of the Naz to hold the 2000 line, and the S&P to hold 1200. I just cannot see how these prices are justified. We have what I consider a weak report by CSCO, and few stocks seem to be affected. I guess the mania lives on. I am aware, Zeev, that you think that this year will finish out with a minor boomlet. I'm waiting for an entry point, somewhat impatiently. To what extent do you still feel what is going on is distribution? Are you still holding to a low around 1600 this month? If that occurs, would that be the entry sign? My signals are currently negative, except for the A/D line, but it wouldn't take but a 1% positive move to cause the signals to change to positive.

Just wondering whether the current resilience is changing your and others projections. BTW, I am extremely grateful, as I know many others are, for your contributions.

Thanks.



To: Zeev Hed who wrote (23330)8/8/2001 12:32:01 PM
From: orkrious  Read Replies (1) | Respond to of 30051
 
Zeev, latest put/call .7. Do you think it will mitigate an afternoon tanking?

TIA

Jay



To: Zeev Hed who wrote (23330)8/8/2001 12:42:25 PM
From: U.B. Green  Read Replies (1) | Respond to of 30051
 
Zeev, This is the first chance I've had to get back on line. Yesterday, I sold MERC, RDRT, and TSEM for plus $4.70, $.83, and $1.86. You're right, it adds up nicely. I also reset those 3 original GTC's and added a GTC to double up on ADCT @ $4.60. Other than the 25 GTC's that I am keeping in place, I plan to basically continue to wait and hope to "catch a wave".

Thank You,
Bernie