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

To: rfisher who wrote (2539)	6/19/2000 9:54:00 AM
From: Steve Lee	Read Replies (1) \| Respond to of 30051

In RMBS at 92. Bit slow to spot the breakout this am but should still make some good money on this. Solves the problem of "what if RMBS and SNDK break out at the same time, which should I buy?"

To: rfisher who wrote (2539)	6/19/2000 11:19:00 AM
From: Zeev Hed	Respond to of 30051

Robert, I am not sure about QCOM, it is still relatively weak, and if we relapse later this afternoon, as I expect, it may challenge $60, a better play, IMHO. I have been watching with amazement the short squeeze in RMBS. I did not expect an exact replica of the last breakout. I am still waiting for better prices, I may have to wait forever (g). I did get out of WSTL with a 10% profit (out at $15.5), but will look for a reentry, maybe below $14. I also got out of SNDK at $54-7/8, it seems to run into a wall at $65, here too, we'll need to see if the $61/$62 area hold through the day. Zeev