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


To: Zeev Hed who wrote (5791)10/2/2000 10:53:35 PM
From: Logain Ablar  Respond to of 30051
 
Hi Zeev:

Been trying to catch up but too many posts. On SSTI I agree we can go lower. Right now I'm hoping for a bounce in the markets with tomorrow night's debate. Either way SSTI broke a triple bottom and I wouldn't expect a new move to $35 until the secondary is done. In this market its gone.

I see your comments on the b2b's. I agree this is another inet space with a lot of hype and momentum. Only a few will garner the lion share of the market. ARBA and CMRC. ARBA is #1 right now and CMRC is #2. For a lot of reasons I like CMRC over ARBA but that is fundamentals. I also expect a shakeout similar to March later this year (hopefully not now, I saw your comment) and CMRC will be hit as well. Fundamentals won't matter too much. So when I say look @ CMRC I mean only as a trade since at some point cash will be a better proposition.

Have a good night. Yes we took what we thought would be a short cut and it added about 2 hours to the drive.

Tim



To: Zeev Hed who wrote (5791)10/3/2000 7:45:33 AM
From: Bosco  Respond to of 30051
 
<ot>Hi Zeev - could be worse, have you kept tab of the Big Dig? No show jobs and people were stealing tons of steel and sold as scrap! Almost like post war Italy!

best, Bosco



To: Zeev Hed who wrote (5791)10/3/2000 1:03:12 PM
From: U.B. Green  Read Replies (1) | Respond to of 30051
 
Well, Zeev, The Naz seems to be just "hanging around". What do you think?

Regards,
Bernie



To: Zeev Hed who wrote (5791)10/3/2000 1:05:13 PM
From: mishedlo  Read Replies (1) | Respond to of 30051
 
Zeev - what is top of channel RMBS needs to break with conviction at close? 86?