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Strategies & Market Trends : Steve's Channelling Thread

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To: anon who wrote (10595)	1/26/2001 3:52:00 PM
From: Zeev Hed	Read Replies (2) of 30051

Actually, it started in after hours yesterday when I plunged into PMCS at $64 with an additional double serving, this morning, I look at the European and they were under $59, ouch..., luckily, it rose quite nicely from there and the first two sales took most of the sting out of yesterday's defeat. I wasalso lucky to get into BRCM at $90 in after market yesterday, after dropping to around $89 yesterday and early this morning, it never looked back...Unfortunately, I have few others that require the same treatment like JNPR and QLGC, but I think that if they do not recover by FOMC, I'll simply take my losses and go on vacation for February (g). Zeev In edit, just out of EXDS at $25.5 for $1 and change profit. Cash at 30%.

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