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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (14690)	12/19/2001 5:29:41 PM
From: Steve Lee	Respond to of 99280

Last week I said be careful of a bounce - and bounce it did. Then on Monday I posted this to you: M, You talked about joining me in a TXN short last week. Looks like a break down is imminent but I would wait until it does break before going in for the kill. I am awaiting my moment to go quite heavy on this one. I think it is a similar opportunity to MU in the 40s a few months ago. Well, yesterday it broke and I went heavy short on it and posted to that effect. I have a target of $22 to cover but I think it has a good chance of going to single digits.