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


To: Bosco who wrote (6726)10/25/2000 9:24:52 AM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
I agree with you, but can you take the pain and how long will it be before NT recovers? Could it be around these prices for a year or more? That is the tough question.

Zeev

In edit it seems that SCMR will open around $74 or so, I have just put an order in at $73-3/4, will sell this one at $76.5 and reenter again under $74.

In reedit, I got that extra SCMR, and it just sold at $76.5, that was a fast one.



To: Bosco who wrote (6726)10/25/2000 10:10:25 AM
From: SBHX  Read Replies (2) | Respond to of 30051
 
Bosco,

NT: I took a different tack, I held BCE long term and sold BCE on the day of the NT-spinoff and bought back the ex-NT bce. Stupid mode right? When I was proven wrong, I sold BCE and started buying and selling NT, but the net gains were tiny, since I didn't really have the heart for it.

Despite the incredible growth in revenue, NT is just priced for perfection. Maybe there is a good dcb in it today. The TSE (toronto exchange) depends on NT, and there is a lot of emotional attachment. It is also widely held even by my engineer-ex-colleagues.

Good luck on NT. I just got out of CLS @can$116. Lost my nerve, so I'll take that avg gain of can$23 gain and run.

Out of sndk@55.5 (0.50 loss) Maybe I can get sndk cheaper today.