Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Rich1 who wrote (7499)	11/9/2000 11:55:48 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

I don't think that the jitters are election related. As I said yesterday, the market should love the results of the elections whomever is finally the President Elect. Anything Washington is going to do will have to be balanced and negotiated between the sides, meaning, no major changes in policy. I think that the market is more worried about real economical issues, such as slow down in the GDP, and problems in Asia. In th meanwhile, QLTI is back in "buying range" and I got a trading position at $48-3/4. (still have those $54-3/4, these almost ave become "core"). The holy one has almost a million shares trading, it seems stalled, but that could be a market related event. We are too close to that CC and earnings report. I think that we are also going to see some financing. Some money could come from the IDF, but I fear that will not be enough with the gargantuan burn rate and not much sales to compensate for that. Thus, I am still on the sideline on this one. If we get a swoon down again, I may reenter. Zeev