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

To: YxY who wrote (8104)	11/22/2000 1:18:24 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

Yes, TXCC seems to be hitting a minor bottom here. And yes, we might have an afternoon rally and possibly a strong Friday (market open till 1:00 PM?). The question is, of course if such a potential rally is "playable". I just got back into BRCD (again) but at $172.75 and in BRCM at $121.25. I also finally got persuaded that the bu$$ may not make it to the fourtis, so, I reentered at $50-3/4 (double position). Zeev In edit, also back in MVIS at $26 flat and EXDS at $22-7/8.

To: YxY who wrote (8104)	11/22/2000 1:36:40 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

By the way, if we do get a rally, I would not expect it to start before the "traditional" 2:30 (if just short covering, maybe even 3:30). So, I just took $2 out of SNDK and $2 out of BRCM (sold at $46 and $123.25 respectively) and will wait to see if the day's low are breached (SNDK could still get to its Maginot line in the $41.5 to $42 area, the May's lows.) Zeev In edit, also took the bu$ss double position at $52.75 off the table, will wait here as well to see how $50 holds on the next swoon down (in progress as I type).