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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: mannyj who wrote (79054)	6/14/2002 12:52:38 PM
From: vampire	Respond to of 99280

He likes it if you're a darksider...but it looks quite strong (then again, so did QCOM) Zeev - where would you cover a QLGC on a breakout and take the loss?

To: mannyj who wrote (79054)	6/14/2002 1:21:05 PM
From: thesilenttype	Read Replies (1) \| Respond to of 99280

Take a look at QLGC chart for last 3 days before shorting it.

To: mannyj who wrote (79054)	6/14/2002 2:04:55 PM
From: Zeev Hed	Respond to of 99280

In edit, QLGC would not be a preferred short, it and EMLX are the strongest in the Q. Why go and short the strongest stocks? You van get the same percentage gains by shorting bounces on the weaklings like NEWP or even NVLS which is really breaking down. I mentioned QLGC for shorting yesterday around $43/$44 with a stop at $45.75 or so. It breached $42.5 few times, and should have as its first stop $38 or so, and when that is breached the high $20' are possible in the next few weeks. Zeev