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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (3821)	7/29/2000 7:41:57 PM
From: mishedlo	Read Replies (1) of 30051

Thanks I re-read your reply and I feel I am learning more and more every day. Will never beat your turnips and 40+ years experience but I hope to learn enough to make a living at this. Right now I am pathetic. If you feel RMBS will breach I may sell for a profit on the open Monday - we will see - I have not had too may profits lately! If futures turn Mid-Morn I will hold or perhaps buy more options but will be ready to bail quick. At most I expect a 2 - 3 day rally here until we see what the FED does in AUG. My guess, based upon what happens in May is a reversal about 2-3 days before AUG FED decision. Have no turnips, but if you look at my posts I predicted the MAY bottom to the day. Unfortunately I panicked one day early.

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