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Strategies & Market Trends : The Good-The Bad and The Ugly -- Ignore unavailable to you. Want to Upgrade?

To: jpcard who wrote (1491)	9/1/2000 9:47:53 PM
From: Tim Luke	Read Replies (1) \| Respond to of 8686

this is a copy of a pm i sent to someone asking me about sape: ; ; ;i have followed and traded this stock for over 2 years now...i think i know its trading habits fairly well...yesterday i spotted the end of the spilt sell off and called a major buy on my thread....well if it wasnt for this BS viant sape would have blown pass 60 today...this stock is a powerhouse...go back and look at the last 360 days in this stock and track every pullback edreyfus.com tell me what you see....you will see how fast this stock powers back...the earnings are stellar..jerry greenberg is one sharp guy..i have met him several times and im quite sure this guy knows what he is doing ..they are by far the leader in this sector..the sell off today was bullshit ..it was just a typical chance for the mm's to shake out the weak...i have bought this stock at 51 1/2..a couple buys in the 48 area..46 and 44 3/4..putting my average at 48..im quite happy with my holdings and took this on as a positon trade not a day trade....im very confident sape will hit 60 to 65 within 3 weeks or less...next week we should rally hard and todays selloff will be old news and sape will head back up...you saw how powerful this stock moved yesterday...well you will see it again...feel free to pm me if you need any help tim