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Strategies & Market Trends : Steve's Channelling Thread

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To: Dave B who wrote (10292)1/17/2001 2:47:27 PM
From: Zeev Hed  Read Replies (3) of 30051
 
I think that we are being fooled, IMTO, there is something very wrong with a strong market in which the generals are being left behind, INTC is only$.5 from making a new yearly low!!!! I would suggest everyone locks up some good well earned profits here and wait for a new entry point, I think we will have ample opportunities to buy our favorites 10% to 25% cheaper. My cash position at 65% is almost as bearish as I get.

Zeev

In edit, I am not even waiting for $18 on SSTI to be reached again, out at $17-5/8, I think I can get back just under $16 again and just befor earnings next week (g).
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