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Strategies & Market Trends : Steve's Channelling Thread

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To: Logain Ablar who wrote (8505)	12/1/2000 1:52:19 PM
From: Zeev Hed	Read Replies (3) of 30051

Well, I do not think we are going much higher than 2800, and DCB are taken out, I had an excellent DCB on CDTS and just sold at $7.5. Also just got out of SCMR at $48.5 for $2. As for VECO, just a good sized DCB, IMHO, I am quite happy to have bailed out where I did, it is already back under $40. By the way, that CDTS was quite a large position (I had three different entries at $13.5 (ouch) at 11 and yesterday at $5-3/16 (these are laways same dollar amount, so the $5 was more than double than the $11, in sum, this exercise cost me a full 1% of the folio), so I am now almost without exposure to a continuation of this rally. Zeev

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