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

To: Sabrejet who wrote (16241)	5/21/2001 2:20:57 PM
From: TREND1	Read Replies (3) \| Respond to of 30051

The energy problem is history. The market is looking ahead 6 to 9 months. Larry Dudash

To: Sabrejet who wrote (16241)	5/21/2001 2:26:12 PM
From: Zeev Hed	Read Replies (3) \| Respond to of 30051

Sabre, I doubt the thread is speaking in unisson, there are very few here shouting "full speed ahead, damn the torpedoes". We are trying to guess what is the next counter move and how deep it might be, there are also few guesses as to how far it might go. With P/C ratio in equities still at .40 right here, I have started to take chips off the table. This however, to raise cash for opportune entries in case we get a retrenchment to the 2095 or so area (right now my downside target). Zeev In edit, I just got out of SCON here for a very nice $2.60 plus pofit, or 50%. Planning reentery in the scenario around $6, depending on the general market.