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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (1025)4/14/2000 6:19:00 PM
From: Logain Ablar  Read Replies (2) of 30051
 
Zeev:

I would expect the foreign markets to set the tone Monday (ugly) and that can force the mutual funds to start raising cash (making it uglier). I'll let you trade and as much as INTL should set good earnings Tuesday we see what earnings have done so far (sell into any rally).

I'm still 60% exposed to this BEAR (took a bath with vlnc but glad I finished closing @ todays open) and in hindsight should have followed your lead much sooner.

As much as there is a ton of stocks I like, we have just started to see the multiple contraction.

JMHO of course.

Tim
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