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Strategies & Market Trends : Steve's Channelling Thread

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To: Crimson Ghost who wrote (11724)	2/26/2001 3:49:39 PM
From: Zeev Hed	Read Replies (1) of 30051

Yes, about gold, the XAU is breaking through $53 and change, it could continue a little longer here, maybe even attempt to challenge $60. In the meanwhile, I am still taking stuff off the table, out of CCRD at $13-11/16 for a little more than a buck there. It should not have breached $12 on the last swoon down, and now could go back under $10. The holy one also went this time, only for a $5/8 gain, out at $8-9/16. Also got out of CPST for much less than I thought it could move, out at $24.5 for just above a buck. Cash position now just above 70%. Zeev

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