Steve's Channelling Thread Message Board

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Strategies & Market Trends : Steve's Channelling Thread

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To: Logain Ablar who wrote (3432)	7/21/2000 2:44:10 PM
From: Zeev Hed	Read Replies (1) of 30051

Well, I am betting that this week's decline was engineered by the call writers to limit their exposure and expect next week to be strong again. I am impressed by the resilience this week of CDTS and thus just jumped in at $16. Of course if I am in CDTS I also had to get a position in SCON at 26-9/16 just here. I warn everyone, these two are dangerous and could collapse if this market continues down and breaches 4000 badly, not for the "faint-hearted" (VBG). Let see if those turnips led me astray or not, since now I am virtually fully invested (20% left for daily raids here and there or doubling up on EMLX if we get $58 or better, or maybe even a reentry into the holy one or VECO.)

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