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

To: Matrix_Man who wrote (2049)	5/31/2000 3:50:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

That is typically a good sign, unlike RMBS which is much weaker than the market. But, do not hold too long, I fear we are going to resume the decline , the 3:30 swoon is turning out to be murder and I am out of BRCD at $119 (gain $2) , SCMR at $87 (loss $1), SNDK just now, at $57.5 (gain $3) and CCRD, a nice 10% gain at $25.5. Heavy in cash, again. The fact that we cannot put a string of gains tells me that not only we will reach the 2950, but we may go lower than that. IMHO, caution should be the word right here. Zeev