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

To: Steve Lee who wrote (276)	2/18/2000 1:09:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

Well $6 on this one is like $18 on RMBS, not too shabby. By the way, if things play according to "plan" after an excursion to just under $60 (too volatile to see how far, and the general market must "cooperate") I would expect a confirmation of the bottom at $50, this should allow one to set new stop losses at $48 or so, much more comfortable than the $36 I had before. I am still uneasy about the lack of visibility of commerciality, but someone must have that visibility or else, it would not act as it does, IMHO. Zeev