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Strategies & Market Trends : Steve's Channelling Thread

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To: orkrious who wrote (16285)	5/21/2001 9:24:23 PM
From: Zeev Hed	Read Replies (5) of 30051

Yes, and in the meanwhile we did not go during that period through 2250, but the fact that on the subsequent retrenchment we held 2050 or so, and last Wednesday buy signal, now (10 days or so later) change the picture. Don't expect me to hold the same opinion all the time when the market itself changes it's opinion day by day (g). I am trying to stay on the right side as long as possible, so thus far this year, being long from Jan 2 to the 31st and completely out through February, and then back in late in March and out in the third week of April, and back in last week kept me more than 80% of the time on the "right" side of the market. I expected a stronger retrenchment after April 20th, that did not materialize, yet, the reentry last week, was still below (not much) the exit around April 20th. Zeev

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