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Strategies & Market Trends : Steve's Channelling Thread

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To: U.B. Green who wrote (4624)	8/24/2000 4:46:07 PM
From: Zeev Hed	Read Replies (1) of 30051

Bernie, did you bail out of QLTI? I do not now yet what was the reason for the weakness, but the breach of $67 in the midst of a strong market was a warning, after I sold it really took it on the chin before stabilizing at $65, I think that we may be able to see the $50' again if $63 does not hold tomorrow. Tell us what you find as to the reason for the current weakness. As for 70% cash, that is a lot, but better safe than sorry. Zeev

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