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Strategies & Market Trends : Steve's Channelling Thread

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To: rfisher who wrote (866)4/4/2000 5:23:00 PM
From: Zeev Hed  Read Replies (1) of 30051
 
I think you did well with SYBS, I did not get back into it having reached my target of 80% equity. The reason I am not going to 100% is that i still think that this rally will be a "short term affair" and retesting of the bottom will occur.

Everyone is complaining about today, but gosh, I look at my folio and see major losses only on CDTS (about $6) and RMBS (about $10, on the other hand, I have very nice gains in SNDK (+26), VECO, 12, CYMI, 3, ANCR, 6, SIII, 4, VLNC, 2, and JDSU, 12. Even CDTS is in positive territory (for how long?) I would call that a pretty darn good day. All because I stuck to my promise not to look at the market until after lunch. Those turnips are going to get another fertilizer ration tonight.

Good luck.

Zeev
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