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

To: Bruce A. Thompson who wrote (7088)	11/2/2000 10:20:53 AM
From: Zeev Hed	Read Replies (3) \| Respond to of 30051

Bruce, to your question (on the RMBS thread), I think that CREE has a free run to about $125 now that $110 was taken out. I am staying in for that run. SCMR once it gets through $70 could have a run to the $95/$98 area. The whole market looks pretty good to me here. RDRT is backing down toward $8 (I got back in a little prematurely), you may want to consider another run there. It has no major resistance to the recent high just above $12. I almost feel like a "long termer" here. No reason to sell, but with cash just under 20%, I will probably have to make some "tough decisions" if I want to have "powder" available for "special situations. (g). Maybe I'll take some profits from the holy one, again, and possibly XIRC (to get "even" with that one <VBG>). Zeev