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


To: Bosco who wrote (6781)10/25/2000 3:13:54 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
OK, OK, I can see the writing on the wall, took another small loss on SCMR (out at $66.125). Stepping aside for a little while this thing is ugly. Also took the SNDK off the table when it breached, $52, one small loss ($1.5), one bigger loss $8-3/4. Also took the trading position in QCOM at $66.6 (still have one position from $75 which will go if we close under $64). CREE went in toto at $81. ELON went at $29. Now at 43% cash and could grow further if VECO does not revive.

Will report on other disasters later.

Zeev

In edit, O could not resist JDSU at $70, I'll try for a little DCB here. Also back (triple) in SCMR at $65-1/16, a sucker for punishment. The turnips are shouting "this is a "broken stock", but who listen, I still have to make up $21.5 on this one (VVBG).