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

To: Zeev Hed who wrote (12472)3/12/2001 4:21:07 PM
From: Bosco  Read Replies (1) | Respond to of 30051
 
Hi Zeev - +/-2 days are reasonable, as we ve discussed. OTOH, the severity of the selloff is amazing. Profit or not, if the bear has become retrenched, I suppose preservation is still in order?

best, Bosco



To: Zeev Hed who wrote (12472)3/12/2001 4:32:34 PM
From: Dan  Read Replies (1) | Respond to of 30051
 
Hi Zeed -CYMI looked like a good bargain. So, initiated on your note, I bought 500 at 20 1/4.
I noticed it actually has earnings and a low p/e.
Do you think forward earnings will get ramped down?
Is this a short or intermediate hold for you?
What caught your eye about this company?
TIA
Dan



To: Zeev Hed who wrote (12472)3/12/2001 4:40:15 PM
From: Sabrejet  Read Replies (2) | Respond to of 30051
 
The record will show that I haven't tried to call the bottom in this market but from what I saw today, this was unlike previous weeks. That moron Pisanni is actually preaching what does happen near the bottom in that we lack bids. When the bids start showing up, that's when we move. There is a tremendous amount of leverage on the short side that will catch many off guard.

I can smell it coming and it's extremely close.

Sabre!


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