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Zeev Hed

07/23/02 7:33 PM

#7227 RE: kevinb #6948

Kevin, that may be one reason I am not panicking, I already took sizeable profits from these 8 stocks since July first. I calculate over weekends the returns accumulated (percentage wise) on the Q, to determine if a Q member should be "booted" out, the two worst since July first are ELX and BRCD with just 20%, the newest member, was a good choice, so far exceeding 30%. Even if I take a loss here in AH, that will "peel off" between 4% to 6% on each one of these, not pleasant, but surely something I can live with. One needs to feel "pain" to take a loss, and that bullish to neutral position taken over the last three weeks has not created sufficient pain (g).

Zeev

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goodluck

07/23/02 11:56 PM

#7317 RE: kevinb #6948

Kevin, Zeev,
I noticed that too (i.e., that "All of them [i.e., the Q and most of Zeev's trading stocks] (except BRCM) had their low price in recent months on the 2nd of July"). That is testimony to his skill--anyone can make money if they manage to call the market's macro environment correctly. Zeev somehow has managed to do it even when his macro call is off.

I think that this is amazing.
SI Sam