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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lee who wrote (165)	2/9/2000 3:51:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

Steve, we are at a critical junction here at the 10750 or so in the DOW, if we do not hold, we might have another 700 to 800 points decline before we stabilize. I still think that by the end of the first week in March we should be going up, not too much (another Fed tightening?), but we should hold the nominal 10,000 on the DOW if we do not hold here. I have another entry point for CYMI waiting to fill at $56.5. You may also want to start and follow Conductus (CDTS), they have completed in the last three months two excellent rounds of financing. These would not have gone so well if a major turn around was not in the cards, I could easily see them exceeding $50 MM in sales annually within 18 months, and that is major relative to the current peanuts they have reported. Zeev