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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (4863)	9/1/2000 4:11:51 PM
From: Logain Ablar	Read Replies (1) of 30051

Geez I need to start trading more. I started trimming my tech holdings today and set some orders which should trigger on Tuesday. Between your turnips and my general sense of feeling good with the way the markets been going (exclusive of WSTL of course) it seems like its one of those times to raise cash. I can always jump back in. In your April turnip reading did the turnips factor in oil and gas at these levels? I figure some people will have to raise cash for the estimated tax payment and the Treasury should have plenty of funds on September 15th. So between now and then we can have a bouncing downward bias. Plus with the recent run we can have profit taking next week versus the rally I keep hearing. Just some thoughts. Tim PS I see you and Bosco tried to drive WSTHELL to my $15 stop but you didn't make it today <gg>. With the chart early next week is doable. I agree a retest of $14.5 is in the cards and while I don't see the 12 - 13 area I've been wrong before.

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