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

To: Zeev Hed who wrote (8193)	11/27/2000 9:40:43 AM
From: Zeev Hed	Read Replies (2) \| Respond to of 30051

Well, I for one am still thinning positions, I just sold near the opening the two CREE positions (one bought at $88 the other at 100-1/4) for $94, making this one at least an "even" trade. I may jump back in for few pointers during the day, but right now that leaves me very heavy in cash at 59%. Zeev In edit, they are already selling this rally here. BRCM is almost back to Last week's lows. I think that we should get few more bounces but later this afternoon, we may indeed come down and end the day with much smaller gains that this opening salvo. In any event, BRCM at $106.5 was "too appetizing", so i got in.