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

To: YxY who wrote (14167)	4/6/2001 9:56:57 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

actually, only 10% cash, I took position in some falling knives after hours (EXTR and SCMR). I am planning to close these two before the day is out, however, and just bought back the DPMI I sold yesterday, here at 40-7/16. Thus right now, I am under 10% cash. Zeev In edit, both SCMR (at ($6-7.8) and EXTR (at $14-3/8) just went out, getting back to about 15% cash. By the way, SCMR was a minor loss (had some at $8 and much more at $65.) and EXTR was actually a minor gain. In reedit, trimming position a little more, it is possible we will get a repeat of the january 3rd event (two three days of sharply down after the one day wonder before resuming uptrend), QCOM just went at $46-7/8 (a loss of $.5), DPMI at $41.25 (about $.75 gain), GMST at $27.25 and ELON at $11-7/8 a loss of $.5, that getting the cash position above 20%..