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

To: Zeev Hed who wrote (2145)	6/5/2000 10:22:00 PM
From: xcr600	Respond to of 30051

Hey Zeev, you a big Fibonacci guy? Just noticed that from the Naz dbl top to the most recent low a 38.2% retrace sticks us at 3820. Interesting that we couldn't close above it. A 50% retrace sticks us at 4060. I think we need to do some backfilling before we hit that.

To: Zeev Hed who wrote (2145)	6/6/2000 12:52:00 PM
From: anandnvi	Respond to of 30051

I sold my scon yesterday morning @ $23 expecting a sell off later. But when scon held the whole day without giving way below $20, I bought back 1/2 my initial position at $22.5 - wish I had bought more then as it seems on fire today. I added a little more @ 27, taking advantage of a mini pullback from the day's high. The supercomm conference this week may be the reason for scon's continuing uptrend. Anand