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

To: Softechie who wrote (97513)	7/23/2002 1:41:49 PM
From: GHOST TRADER	Read Replies (1) \| Respond to of 99280

This should make you LOL!!!! -----Original Message----- From: Jerry Olson [mailto:jerry.olson@verizon.net] Sent: Tuesday, July 23, 2002 8:40 AM To: Undisclosed-Recipient:; Subject: UPDATE Good Morning all.. yesterday i went long these stocks... IDPH---CEPH---ESST---BRCM---BRCD---KLAC---QLGC---BBH.. I AM STALKING QCOM & THE SMH...WHILE I UNDERSTAND THIS MAY NOT BE FOR YOU..I FEEL THIS WAS A GOOD TIME FOR A BOUNCE AND WILL MANAGE THIS POSITION WITH LOOSE STOPS OF 7-8% EACH... MY SHORT TERM GOAL IS TO DOUBLE UP ON BREAKOUTS AS THEY MOVE UP AND DOUBLE MY POSITIONS FOR A QUICK TRIP UP...NOT AVERAGING DOWN HERE...AVERAGING UP.. THE 2 SECTORS TO PLAY HERE ARE SEMIS AND BIOS...FOR NOW...NVLS MISSED ON THE EQUIPMENT SIDE, BUT TXN BEAT ON THE CHIP SET SIDE... EVERYTHING INCLUDING THE VIX, GOLD THE DOLLAR ETC ARE SETTING US UP FOR A NICE POP..IT MAY ONLY LAST FOR A WEEK, BUT THAT COULD BE A GOOD WEEK...THEN DOWN AGAIN...THESE RALLIES ARE SHORTS ONLY.. THE DOLLAR GAVE A BOTTOM FISH BUY SIGNAL, WHILE THE XAU HAS BROKEN DOWN..NO GOLD STOCK LONGS HERE... WISH ME LUCK EVERYONE... BEST JERRY PS..AS OF THE CLOSE I AM DOWN FROM MY BUYS..ABOUT 5 POINTS SO FAR..<gulp> Jerry Olson MasterClassTraders.com jerry@masterclasstraders.com buyitbuyitsellitsellit.com