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Strategies & Market Trends : Steve's Channelling Thread
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To: Mike M who wrote (14747)4/19/2001 2:57:28 PM
From: Zeev Hed  Read Replies (1) of 30051
 
Mike, I think that taking profits here is very wise (I know I did). As for the argument whether we move to 2250 or not, as far as I am concerned it is academic. In this area, my position was supposed to be at around 65% to 75% cash and the fact that it is at 75% is simply due to the fact that the rest of the position reached levels that I felt yielded sufficiwent profits...IGT, in the core, even made a new high yesterday, but that did not call for a sell.

Zeev
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