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Strategies & Market Trends : Steve's Channelling Thread

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To: mishedlo who wrote (6457)	10/19/2000 9:43:58 AM
From: Zeev Hed	Read Replies (1) of 30051

Misheldo, I do not like huge gaps up, there is always a retrenchment from these, so I sold few positions, including SCMR at $77.5 and CREE at $81, both very nice profits from yesterday's buys at $69-7/8 and $75 respectively. In general I am positive on the market, so after a retrenchment, I'll get back in. I also just sold EXDS at $39-15/16, a loss of about $2, but quite a gain from the low, and I'll try and get back into this one as well. I also sold SSTI at $21 for $2, and will try for later reentry. Zeev In edit, just sold QLGC for $79-11/16 as wellm a nice $7-11/16 profit. VECO went out at $77.5. ($3.5 profit)

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