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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (29118)	11/7/2001 1:17:04 PM
From: Andrew Vance	of 30051

Sorry for the Delay Zeev (been absent from AI for awhile), but I not only did not bail out on WFR, but have been playing it for nice gains as it falls down below $1.90 and reaches above $2.25. While I cannot move large blocks due to the lack of daily volume, you could almost say that on decent days of volume, we are in the thick of things. As of right now, probably 40-50% of the shares are close to being free, so the risk is being minimized each an every volatility cycle, slowly but surely. the group taking them over are not known for making stupid investments, so I still have enough faith to believe we could pull a rabbit out of the hat here, and get back to more reasonable levels. Andrew

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