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Strategies & Market Trends : Steve's Channelling Thread

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To: Rich1 who wrote (15624)	5/10/2001 9:20:49 AM
From: Zeev Hed	Read Replies (2) of 30051

Could be, I did not expect the ECB to cut rates, that may avert the slow down of Europe here. I lowered cash to 60% by buying positions in the quintet here around 9:00 in premarket (did not get QLGC, it run away from my price, but got SCMR instead) and am going to watch if 2250 get taken out. If it does we could have a fast run to 2388, IMTO. I am not turning bullish yet, but moving a little away from the "dark side", due to the ECB move, which to me was quite a surprise. Zeev

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