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Zeev Hed

10/16/02 3:16 PM

#35714 RE: hk2 #35677

Took another $.20 from GNSS. out here. Also took one of MERQ off here at $21.35 for just $.35 profit, reducing exposure to the 14%, still need to get few other off before the close. QLGC is not cooperating (g, run back to just under $24 and failed...

I have "major turns" and minor turns, before the Nassacre I had a 300-400 swoon down call, the more recent flip flop were in the 100 range and the last one I expected a swoon to the 1150/63, which I no longer think will happen, thus my turning bullish again, and this one is for about 150/200 Naz points from the low we set in the next five trading days (still expect 1190 or so).

Zeev