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Strategies & Market Trends : Steve's Channelling Thread

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To: rfisher who wrote (2525)	6/18/2000 1:53:00 PM
From: Zeev Hed	Read Replies (3) of 30051

Robert, at this time SCON looks like a better bet (it does not have lock up expiration next week), but in answer to you question, I think that in a very bad market, we could go back to single digits on CDTS. My "real" targets were $11/12 and $22/24 for CDTS and SCON respectively, but do not be surprised if these are breached. Condition for a breach of these numbers (and reassessment of my turnips' summer rally thesis) will be a breach of 10300 on the Dow, and we are pretty close. Zeev

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