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Paul A

02/10/04 4:49 PM

#202995 RE: Zeev Hed #202992

Why did I have little doubt that you would post something to that regard : )

Heck- thats a big cash position even for you when your bearish.. Cmon man!!!

Well.. I didnt go long, but Im reducing my short exposure and that will stay on the sidelines.. Usually I just let them stop out regardless of where the indices are going but this go around Im really just watching the nasdaq and its fixation on getting back over 2100. Im afraid that if I play it too close, the move over 2100 is going to happen in one powerfull thrust and I dont want to be caught up in that squeeze. Hopefully it doesnt happen tomorrow AM because I still have some shorts JUUUSTT in case we start slipping.

I think the DELL report is going to be the final push the market needs to move over 2100. Heck- thats only 25 points away and I honestly wouldnt be surprised to see it happen before the DELL report in anticipation.

Hey- I still want the turnips to be right but if you put yourself in a shorters position youll see why alot of us feel the writing is on the wall for the next powerfull move up. They cant take the market down- simple as that : )


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titan3

02/10/04 5:00 PM

#203002 RE: Zeev Hed #202992

It’s more likely the Qs will slide back into the middle of their range between 37.00 and 37.40 ahead of Greenspan’s comments, and then at 11 Eastern tomorrow, when the prepared text is released, the market will lurch one way or another in reaction to those comments. Which way is the lurch?? Wish I knew.
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Blue Leader

02/10/04 5:04 PM

#203003 RE: Zeev Hed #202992

ZEEV - Now have my all my GTC orders deployed, your comments please.

GERN 9.75
LEXR 11.25
BLTI 17.80
CELL 17.90
SSTI 10.05
LSCP 17.05
QLTI 20.55
IMX 8.50
MAXF 12.25
DROOY 3.20
GLG 15.05
KSWS 22.55
OBAS 6.70
EVOL 8.75

If your "road map" is in the ballpark I should pick up a few of these issues. Still have a few $ left, what would be a good entry price for GIVN? Many thanks - Blue
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eap

02/10/04 5:19 PM

#203005 RE: Zeev Hed #202992

Zeev, not an impressive day even though the index closed higher. Of the 11 snorters I follow 7 were lower today and 4 of my 6 shorts. I guess Greenspan holds the key for tomorrow.
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bfenton

02/10/04 6:05 PM

#203013 RE: Zeev Hed #202992

Zeev,
neng - thoughts? Nice volume today.
good fundamentals in a great sector.

wahz, (who I follow along with yourself) has accumulated and is holding 6x weight, thinks this stock in particular has 10 bagger potential written all over it.

Need someone to play devi's advocate if possible, or do you see a great opportunity as well.

Tempted to add myself.

Thanks