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

To: Zeev Hed who wrote (15695)	5/10/2001 5:28:48 PM
From: McNabb Brothers	Respond to of 30051

>>, I think that the "critical point" on the dow for a breakout is 11,150 on a closing basis, just another "tickling" excursion above 11,000 will be another "fake out", IMTO.<< I guess the real break out would be just north of the 11,500 mark, but can see your point at 11,150. As far as JNPR goes, I have just recently bought into the common in the low $50 and change level, but have been selling puts on it since the 1st of April and receive very nice premiums on the 30's, 35's, and 40's which have all been closed out for very nice profits. So if my 50's are put to me and I count as you do then my cost basis will be quite low on my buys. Even counting as I do the premiums I received off the 50's that I sold will put me into JNPR in $40 range. Hank

To: Zeev Hed who wrote (15695)	5/10/2001 5:42:26 PM
From: McNabb Brothers	Read Replies (1) \| Respond to of 30051

Zeev, Forgot your first question about what gave me the impression that I was on ignore, and this post of yours sure sounded as if I were: Message 15767439 I guess people whom cause annoyances are different than a person that causes a pain in the butt? >>VBG<< And no I do not have that post in my piles of papers, but do have a very good memory for what has been said in the past! Hank