Steve's Channelling Thread Message Board

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Strategies & Market Trends : Steve's Channelling Thread

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To: Paul A who wrote (5347)	9/21/2000 11:48:53 AM
From: Zeev Hed	Read Replies (2) of 30051

Well, it seems that the turning attempt was for naught, but I got to very slowly increase exposure here, more than 50% cash is too conservative, particularly since we are barely 250 NAZ points from what I believe is "Max Risk", but they are not letting me back in SCMR and NVLS at my desired discounts (g). I finally gave up and paid the piper on SCMR at $113, but I would really like to get in NVLS under $57. Maybe there will be another swoon down later today. Zeev In edit, I have just taken a "flyer on an old friend, CDTS, in at $17-7/8. Very little selling pressure, looks as if selling is exhausted there. A similar situation in the wholly one, but I'll wait a little to see if I can get a better price.

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