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Strategies & Market Trends : Steve's Channelling Thread

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To: orkrious who wrote (14735)	4/19/2001 2:23:31 PM
From: Zeev Hed	Read Replies (4) of 30051

You should have done pretty well covering those stops and not getting back in on the dark side until the Naz got to the turnips' projection of 2160 (well within 30 points of that?), we are just retreating from about 5 points from that level. (VBG). I should have stayed to there as well, and my profits for this run would have been 50% higher then my January take, as it is, I thought that getting out with the same type of take as the January take was good enough. I am not sorry seeing the stock go a good 10% above my own selling points....Capital preservation is still more important to me than profit maximization. Quite happy watching this last surge from the side line. CCRD is getting back into my buying range here, yet, I am waiting patiently, since I think it may be availabl much below my original reentry target of $6.25. Zeev

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