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

To: Logain Ablar who wrote (2268)	6/10/2000 2:45:00 PM
From: anandnvi	Respond to of 30051

Zeev, thanks for putting that reasoning down. It will be interesting to see whether we see a 50% retracement or a 33% as Im predicting. Im hoping that you're right and that Ill have some money to pick up a few shares at good prices. Tim, I see your post on mstr made it to the Cool Posts section - congratulations! The longs (are there any left?!) in the mstr board are trying to give you a hard time, it looks like. My fingers are itching to short the POS - have you any ideas of a good entry point. Hope you guys are having a nice weekend. Anand

To: Logain Ablar who wrote (2268)	6/10/2000 3:13:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

Tim, I am not sure about QLGC yt, it actually shows weaker strength than the rest of the NAZ, and I feel will be available in the high mid to high $40' within two weeks. I also noticed that you are down on MSTR, so I looked at it, and I am struck by the fact that the volume on the current breakout is 10 times normal volume and twice as heavy as it was on the big collapse after the accounting fiasco. It could be a healing stock after all. Careful with shorting it (I have a downside target of $39 to $43 on the coming down swing, but who knows). Zeev

To: Logain Ablar who wrote (2268)	6/10/2000 4:33:00 PM
From: anandnvi	Read Replies (1) \| Respond to of 30051

Tim, re MSTR and shorting it, I dont like the company's deceit and questionable practices and would like nothing better than helping it back to where it came from. But that is my personal, emotional opinion. If this $100M cash infusion is true, there is obviously some creditor out there who;s done enough DD - $100M worth of DD - to be convinced about the future prospects of the company. It might be more prudent to wait for the establishment of a downtrend before opening a short position. Of course, since you post in the mstr board, you clearly know more about the stock and the company than I do - thanks for any insights you can provide. Anand PS Beautiful weather today, and Im off to get some sun.