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

To: Bosco who wrote (4756)	8/30/2000 12:42:16 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

I think you have another day or two before the rally starts, my reading are for a strong Friday, but I also believe that next week will be quite strong. I was tempted to buy more CYMI on the swoon, but decided to wait and see if we dip all the way to the mid $42, and if $42 does not hold, simply dump the whole thing, so I now have a GTC at $42.5 on CYMI. I also got back into RDRT at $7-13/32 just minutes ago. I still think it could dip to about $6 or so, but the bounce from $6.875 yesterday was impressive, so here we are, my SL is just under $6.875 for reentry in the low $6. As for the bu$$, I am impressed with it holding $76 most of the day, I may jump back in if that continues. My reentry into MVIS at $37.5 was quite "fortuitous", it is back flirting with $42, if it takes out $43, it could easily continue next few weeks to the low $50. By the way, I am looking at reentries in CCRD and XIRC, I have not yet determined where. Zeev