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

To: TREND1 who wrote (23828)8/13/2001 2:54:09 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
Yes, Larry know, but don't expect me to follow your model all the time. Remember, TARO was a no buy under $36, and now it is in a new up channel and thus a buy at $39, the $2.5 profit in the hand, however, is better, IMTO, than the $5 on the tree. The same applies with MAGS, I pocketed the 10% and am ready to pounce if it gets to the bottom of the box at $5 or so.

Zeev



To: TREND1 who wrote (23828)8/13/2001 3:02:33 PM
From: Bruce A. Thompson  Read Replies (2) | Respond to of 30051
 
Larry,

Calling it within 5 pts of a bottom looks pretty good to me. <G>

BT


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