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Strategies & Market Trends : Steve's Channelling Thread

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To: horsegirl48 who wrote (14333)4/11/2001 10:52:57 AM
From: Zeev Hed  Read Replies (1) of 30051
 
I hope I am right on QCOM, of course, the market will prove me wrong from time to time. I did however just serve the turnips a very special bull manure, yes they were a little premature on the second bottom after the February massacre, but they correctly changed to a new low at 1636 (missed by not too much on that one) and late last week did a fabulous job of keeping me in. Now they say, do not be too exuberant and take some profits, so I also took BRKS off the table here at $46.24, a very nice $6.55 on that one. Also took off BRCM at $34.5 (for $6.16 profits) and BRCD for $27.23 and almost $3 profits. Merq went for $48.61 only $2.5 profits. AMGN went for $54.15 for $3 profits. JNIC went for $8.5 for a very nice $2-3/8 profits (will get back again for a run to $9 at a discount), NEWP went for $29.70 for $3. This rally is turning up to be a repeat of the January 3rd adventure.

Zeev
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