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

To: rfisher who wrote (605)	3/16/2000 10:56:00 AM
From: Zeev Hed	Respond to of 30051

Robert, you do not get the type of move we got Monday that often, I was more lucky than anything else in getting that fifty percenter in SCON, the yield on the CDTS was much smaller. Zeev

To: rfisher who wrote (605)	3/16/2000 1:12:00 PM
From: Zeev Hed	Respond to of 30051

With the Dow getting above 10450, I have to turn back to a bullish stand and go all the way up to 80% equities, that may change if on a retrenchment we do not hold 10050 or so. I am also noticing a relaxation of selling pressure on the SC (but no big urgency to buy), so I bought back those ISCO I sold at $15.75 just few days ago at half that price (actually, I got $7.375). If the SC fever revives, that might very well be a double bagger. It is extremely risky, since ISCO's finances are less then bright. I am also looking at reentry into CDTS and SCON, but will do it slowly, if at all (a break under $6.75 in ISCO will be a warning signal for the group). Zeev