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

To: Don Green who wrote (5419)	9/22/2000 11:46:48 AM
From: Mark Johnson	Respond to of 30051

Don: Very good post.....Partly I'm here because Zeev recommended a buy on Valence Tech back in Feb/March when Valence was $37 and Zeev was looking for a high of $65 to $70 in the next few months....Valence had announced 15 million dollars of purchase orders at the time and the stock was riding high....I reduced my position during this same upswing at $30 and $37 because I wanted to diversify a little.... Zeev posted on the Valence thread he was buying at these high prices lookin' for the big rise.....I know of at least one investor that jumped in very heavy at that time partly because Zeev Hed liked that stock.....later Zeev posted that he was out but this investor took a beating.... Zeev has a big following on SI and it takes a very nimble savvy investor to day trade successfully....glued to your computer screen daily.....I think Zeev needs to confine his daytrading dogmas to the daytrading threads (like here)....and be very careful of his stock recommendations on other threads.... MJ