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

To: GTC Trader who wrote (4192)	8/9/2000 7:41:39 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

Happy, actually, I thought it would turn down yesterday, and the latest by today, we finished up (but did turn from a spirited rally), so I am a little off, and until we see if 3965 is closed above, one really does not know. As for UPS, I agree with your reading. I must say a lot of stock on that old list got creamed even worst than I thought. Look at Agilent, I suggested shorting in the $90 to $100 if memory serves, it is now $40? UPS is just a little more resilient, but I think it is breaking and if that $52/$53 area does not hold in the next few days, it could drop another $6 to $8 from there fast. I hope you are not only sahort the market and have found some good long situations you like. Zeev