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Strategies & Market Trends : Steve's Channelling Thread

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To: Rashomon who wrote (7748)	11/13/2000 12:48:26 PM
From: Zeev Hed	Read Replies (2) of 30051

I am not sure about load leveling applications, they require very high efficiencies of conversion, not a primary interest in small or relatively small energy storage systems. As for the market, I just doubled up CMRC at $50, this mostly because of the "level" at which the market is (getting close to 2800 which is an area from which I expect at least a bounce). I also tee-toed into ARBA at $87 flat and NVLS at $30 flat. And just here got some of the holey one at $14.75, for a possible bounce to $16 or so. I did not catch the bottom on SSTI and got in at $16-5/8, I will "assume" that we successfully tested the October lows of $16-5/16 (g). It is still just a mild commitment, but there is no justification, IMHO, to be as heavily in cash as I was tis morning.

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