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


To: JRI who wrote (29573)10/5/2001 1:30:25 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
I don't think so, am trying to get CCMP at a discount of a buck or so, no cigar. We may actually end up with a mini bang here.

Zeev

In edit, just got back into CCMP here at $49.34, not much of a discount. I did get out of QCOM here at $39.40 a loss of $.40, I was hoping for a much stronger bounce, will try from a little lower again.

In reedit, took a buck out of CHKP ere at $27.20, and also took MERQ off here at $25.92 for a neat $1.72.



To: JRI who wrote (29573)10/5/2001 1:32:59 PM
From: TREND1  Respond to of 30051
 
JRI
I have some thoughts on "short covering"
Is this rally due to short covering ?
We will know by Monday's close, when margin
on shorts have to be met.
If this market holds past Monday's close,
it has legs and will continue.IMHO
Larry Dudash