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

To: U.B. Green who wrote (9715)	1/3/2001 2:10:41 PM
From: Zeev Hed	Read Replies (3) \| Respond to of 30051

We got, for a first time in a long time a +1000 tick on the Naz, that indicates a change in direction, IMHO, at least for a short time. I expect a 50% retracement rapidly, but then some steady gains into the middle of next week, then I see resumption of the decline, but not a new low for a little while. I just sold AMAT at $46-3/4 for $8.25 profit. NVLS also went for $39 flat, only $4.5 profit. Still waiting for VECO and CYMI to catch the fever. Got back into BRCD at $79.5 abd BRCM at $90. Let see if BRCM can take $100 out. Zeev