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


To: Steve Lee who wrote (539)3/13/2000 12:31:00 PM
From: Zeev Hed  Respond to of 30051
 
Steve, I think that CDTS has a lot of supply between $64 and $66 (a former support area), but SCON, well, I already left $4 on the table (it hit $78), but I cannot complain when they let me in near the days' bottom (I was sure it will continue to around $46 and had another order there), and let me out in less than 2 hours with 50% gain. Even RMBS was not that good to me (VBG).

Zeev



To: Steve Lee who wrote (539)3/13/2000 3:22:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
Well, Steve, JDSU refused to go above $140, I got out at $136 with my tail between my legs, barely a profit (bought last week at the equivalent of $135 <VBG>). I think we should wait on reentering this one until the secondary is well absorbed. I would guess a decline to about $115 or so should do it.

Zeev



To: Steve Lee who wrote (539)3/13/2000 8:16:00 PM
From: Mark Johnson  Respond to of 30051
 
Hi Steve: Haven't posted here for awhile and was surprised to receive a private message from you. I'm sorry you're still pissed off about selling your Valence calls too soon. But your gains in rmbs have surely made you happy.

As an aside I have a pretty good stake in RMTR got in in Dec. for around $4 bucks a share and stock near $30 now...a nice 7 bagger....thinking about early retirement but I love my work...just don't know what to do...

Well best regards,

MJ



To: Steve Lee who wrote (539)3/14/2000 10:54:00 AM
From: Steve Lee  Read Replies (1) | Respond to of 30051
 
A third of my RMBS just went at $465.