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


To: Steve Lee who wrote (177)2/11/2000 11:53:00 AM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
Steve, actually, ULBI I do not trade, at least until it get to more "irrational" valuations, it is still only at three or less times book . HAUP I have been in and out quite a lot over the last year, only one loss out of six trades, and luckily, got most of the up moves (well I bailed out at $28 on the first breakout and it went to the high $30, but recaptured all of this later, when I got back in at $20.5 bailed out $37 or so and got back in at just under $30 and bailed out yesterday. It is currently a little over valued, but within a year, I still think it could approach $100 (well it is splitting, so it should be $50 or so).

By the way, yesterday, when I said to put the next leg (the march's) when it gets back to $86, I did not think you'll have that opportunity the same day, but after my post, it did go back just under $86, so mark another one for the good old turnips. Good luck

Zeev