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

To: GTC Trader who wrote (3920)8/1/2000 4:22:44 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
I am out of CYMI (yesterday I chickened out), but am still in BVEW and MVIS (just bought today) and am "under water with both. If we breach $34 tomorrow on MVIS, I, for one will take my lumps and bail out. BVEW, I might actually add more if it gets to the low 8', but will bail out on a closing under $7.5. In general, I still have red flags all over the place.

Zeev



To: GTC Trader who wrote (3920)8/2/2000 9:55:35 AM
From: Zeev Hed  Read Replies (2) | Respond to of 30051
 
Well, the "support" in MVIS did not hold, I took my stuff off the table at $33-3/4. Not nice. WSTL is not holding $21, so I am not going in at this time. Cash still seems the wise thing. I also took QLGC off the table at $68.25, just north of $2 profits, got to compensate for loss on MVIS (g).

Zeev


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