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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Stephen who wrote (36999)12/1/2000 4:54:16 PM
From: donald sew  Read Replies (2) of 42787
 
Stephan,

>>>> , so much for the usual Friday 'lets give the public at large some hope' finish. I guess the NASD did finish up ... but as I mentined earlier ... the techs I watched were under distribution ... just like they have been for a while.
Not very positive for the upside just yet imho ... <<<<

Agree, it wasnt very positive, but it could also be the wall of worry developing, which would be a positive.

Regardless, at the last minute I decided to take the small profits from yesterdays position and hedge the rest. I still have an upside bias but only in the ratio of 4:3, so its very slight, and back to about 85% cash.
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