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


To: TREND1 who wrote (23349)8/8/2001 1:36:24 PM
From: TREND1  Respond to of 30051
 
The Q's are all "red candled" except EMLX, which is trying to get back into it's reasonable down channel.
Larry Dudash



To: TREND1 who wrote (23349)8/8/2001 1:36:31 PM
From: Amots  Read Replies (1) | Respond to of 30051
 
Larry.
BRCD ! Am getting ready to give sell on that one !.
I did it yesterday. -ggg-



To: TREND1 who wrote (23349)8/8/2001 1:47:54 PM
From: Zeev Hed  Read Replies (2) | Respond to of 30051
 
Well, Larry, you may be right, but if the Naz does not go through 2000 in the next hour or so, I have bet that I'll sell it at a profit, just as I did EMLX earlier today. Of course, if that one prints under $34.30, I'll take my lumps. Note, I did not deploy the whole quintet as "usual", just because of the concerns I have that we might breach 2000 on the naz and 600 on the sox. That is what I meant by anticipating a turn, i may (and have been many times) wrong with that anticipation, but when it works, it works like a charm. By the way, BRCM was just caught as I was typing at $44.80.

Zeev

In edit, out of both BRCM (34.40 for more than a buck loss) and BRCM at $44.44, 000 is going to give in any minute now. Also sold MRCY at $33.70, a loss of $1.30, that DCB did no work...

In reedit, the breach of 2000 requires raising a little more cash, so I sld IART here at $28.10, at least this one is a solid $1.90 profits.