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


To: Alex MG who wrote (17248)6/7/2001 10:17:48 AM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
Well, IDPH just went for $2 and now I am almost naked to the "core" position with 70% cash. QLTI I am leaving in with plans to double up at around $17 and HAUP plans to double up around $. We are pretty close to what I believe is the top of the range, and today I do not expect the normal pre lunch low for entry and then exit around 2:00 PM, so I will probably just watch and do nothing, unless one of my favorites is getting hit for now good reasons. (g). oops, Forgot to mention, I had another RMBS bought some time ago at $12.75 and it just went here for a loss just under $.5. I should have kept the one I bought just above $10.5, but I sold that one some time ago. Flat on the bu$$ and waiting for it to go back to the $10 or so area.

Zeev



To: Alex MG who wrote (17248)6/7/2001 10:35:24 AM
From: TREND1  Read Replies (3) | Respond to of 30051
 
Alex
You picked an interesting stock (KLAC) to short.
Why? Because it is one of the few that show HIGHER LOWS since April 4, 2001. Making KLAC a canidate to "buy on pull backs" list. Few meaning about 16 out of 100.
Good luck! I think you will need it.IMHO.
Larry Dudash