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

To: Rich1 who wrote (6283)	10/13/2000 11:59:36 AM
From: Zeev Hed	Read Replies (2) \| Respond to of 30051

Rich, actually, I am doing quite fine, few bleeders are still left, and I gave away a good chunk of my RDRT profits, but I quite agree with your cycle guy, we may have to retest the low set yesterday. I had the bell on on Wednesday, and like your cycle guy, I missed by a day, we can all blame the ME. I got back into RDRT this morning and then it gave me a scare retesting that $6-3/8 area. I hope that from here it will get back up. From the top it "owes" me $2-5/8 and I'll try and recover those like the VECO $30 "malaise" (VBG). By the way, I got back on the bu$$ yesterday, but I think we will have some troubles getting above the broken support in the $62.5 to $65 area. I just jumped back into the "one" at $12-11/16. My rationale, very strong support just above $11 and if the market is really turning, we could see $15 or even $17.5 before a nother swoon down comes into play. The MM went up to fish for my sell on CREE at $87. Quite fine with me, so far, an iota more than $10 on this one today. What a country... Zeev irrevolute.iuma.com