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

To: LTK007 who wrote (29357)	10/3/2001 2:02:57 PM
From: Zeev Hed	Respond to of 30051

I did a lot of selling today, my cash is at 36%, but that is a short term tactic, I am waiting for a counter trend move here any moment. I even sold MAGS here at $9.41 (on a pull back I missed from 10.11), hoping to be able to recapture it under $9. It is a very minimal profit on that one of $.03, but it has not broken to a new high on this rally and it should have. Icould not get a substantial discount on NEWP, so I got back into this one (value stock) here at $14.36. Need a lttle more exposure. Zeev In edit QCOM just went at $47.43 making it a net gain of about $.70 (a gain of $1.20 this morning and a loss of $.5 on an earlier msentry at $48 plus.) Cash rising...