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

To: Zeev Hed who wrote (19159)	6/28/2001 12:11:12 PM
From: Alex MG	Read Replies (1) \| Respond to of 30051

Bought a little IRF but it sure isn't acting well, it may not move til after end of this month. Might still be suffering from windowdressing, what's your exit on that one?... Also bought some GILTF, I think this one may bounce after this Q is out of the way as well.

To: Zeev Hed who wrote (19159)	6/28/2001 12:51:50 PM
From: ajtj99	Read Replies (2) \| Respond to of 30051

Big whoop. That's the nature of options. Big gains, big losses. In the end you hope to have more of the former than the latter. I'm getting QQQ July 47 calls, hopefully for $1.25 or less. SOXX chart is finally making sense to me again. It appears it will make a run to 700 to form a triple top for our next trip down. Where the SOXX goes, so goes the Nasdaq lately. NDX may top out at or near the May 21 highs, IMO. I have to see where the trendline is for that now, as the NDX stopped right under a major resistance point if memory serves. I covered my puts because I feared a run to 2185 after blew past every other resistance point. With MSFT halted, it appears that is still a real possibility.