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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: mishedlo who wrote (5029)8/4/2001 10:42:32 PM
From: Michail Shadkin  Read Replies (1) of 6873
 
Mishedlo - Re: BZH

On friday I decided to wait for a further pullback of BZH before buying. (probably 62-64 range)

One thing to keep in mind, BZH PE is only 9.
It has been one of the hottest investing sectors all year.
I just dont see that ending immediately.

One thing to keep in mind, the economy is not in a recession, but rather the technology sector is.
Just look at the DOW, basically unchanged the last 18 months.

Anyway, if I do long BZH, it is strictly a short term hedge value long (against numerous shorts) that will allow me to sleep at night.

Best Wishes
MIchail
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