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

To: Zeev Hed who wrote (2109)	6/2/2000 2:48:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

Well, it does not seems that the market wants to run for a new high above 3800, since 3:30 is rapidly approaching, I have taken QCOM off the table at $73. I am waiting for a little "life" in SNDK to bail out of there as well. Anand, on second thought, if we do go down later today, SCMR could drop back under $100, and back to around $85 if the NAZ indeed gets to around 3400 within the next two weeks (which I believe id quite probable). Zeev Correction, we just punched 3800, getting interesting again (g). I just jumped into RMBS at $213.5, I got the confirm only after sending the post. Now let see if we can close above 3800, RMBS should then go through 220.