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Strategies & Market Trends : Steve's Channelling Thread

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To: Jdaasoc who wrote (19230)6/28/2001 4:57:14 PM
From: Zeev Hed  Read Replies (3) of 30051
 
PMCS, after warning did dip, and brought with it many other (like BRCD, BRCM etc.), but now it is already above the close as are BRCD and BRCM, so I am not sure that AH will be that negative, I would actually expect another gap up, so that in three weeks or so, we have these gaps to come back to (g). Talking about gaps, we still have an earlier gap between 1950 and 1980 or so (from memory) unclosed, the recent trip to 1973 got the job half done only (vbg).

This is a strange thread, for the last three weeks I get all these request to change my bearish stance, even just a little, and when I finally yield and become bullish, I get the same torrent suggesting I get back to my "dark side" days (VVBG). Hey guys, the fat lady has sung, we closed above 2078, and even above 2105, we captured during the day the 2131, that the Master had, time to unzip the bear suit and put on a pair of bull horns, at least for few weeks.

Only 30% cash left of which about 20% will be deployed in the next three trading days. By the way, three of those core stocks made a new high today, COO, SFD and AW.

Zeev
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