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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: D.B. Cooper who wrote (87134)6/27/2002 10:26:01 AM
From: Zeev Hed  Read Replies (1) of 99280
 
In edit, also took off AGM here at $26.60 for $2.60 profit and will try again to reposition under $25. They never gave me my trader on that one, so I am using that core position to further buils a very nice cushion. Close to 60% cash, but if they giveme a lunch relapse, I'll probably relaunch the Q which is not behaving too bad (I left a bunch on the table...)

I don't follow KKDclosely, and I suggested shorting it in the $33/$34 area, it could bounce but I really think the chart now stink and it could easily drop to the mid $20' if you are long, use the bounce here to $33 to get out. I have a period of strength after the fourth, but as I said, it is quite a minimal bounce. I just got out of SNDK here at $12.53, for a very nice $1.95 profit.

Zeev
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