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

To: steve who wrote (4141)	8/7/2000 11:04:17 AM
From: Zeev Hed	Respond to of 30051

Steve, you are right, most of it did go out just under $17, but I had just a little left, the rest just went here at $18.125. I am not sure if it is a good move, the TRIN hit .33 or so which is quite bullish in a relatively "tame" market. The turnips are not help, they are still pale and see another leg down to the decline from above 4200. On the other hand, I have no exposure if this market turns for real, and it could. Zeev

To: steve who wrote (4141)	8/7/2000 11:35:22 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

Steve, to increase "exposure, I just bought some SIII (8-31/32), last December it bounced back from $8-5/8 and that should be an excellent support area. This is almost a value play, they are holding stock in UMC which is worth north of $10 (well depending how hard Taiwan is going to be hit, it is in its own bear market now) and you get their Rio operations for free. If it breaches $8.5, I'll be out, of course. If it bounces, it could go to the $13 to $14 area, a nice 50% to 60% bump. I must say, I do not like the lack of any bounce in BRKS, everything is moving nicely except this "dud" (g). Zeev

To: steve who wrote (4141)	8/7/2000 11:35:48 PM
From: Mark Johnson	Read Replies (2) \| Respond to of 30051

steve: Gee whiz, you caught Zeev a little confused about his selling wstl on Friday at 16 7/8 claiming a 10% gain: Message 14163758 And then today that gain turned into 20%..... oh my.....http://www.siliconinvestor.com/readmsg.aspx?msgid=14173733 And then the old uh, oh, oops I had some left....LOL...http://www.siliconinvestor.com/readmsg.aspx?msgid=14174291 I've pointed out those same inconsistencies for some time about Zeev's vlnc trades ....... Anyone paying Attention!!!!!!!