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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: DlphcOracl who wrote (3223)11/5/2001 5:13:11 PM
From: Zeev Hed  Read Replies (3) of 99280
 
Up, but stalling after that first move to 18.70 (did it really go to $20?) on CSCO. I for one am taking additional "precautions, and using the very nice move og IGT to $54 today to raise my stop loss there to $49. IGT has some very serious resistance here at $55, if it takes it out, it could be to the races, but I still think that we are in a double top area here and am not going to unzip. Why should I, the market so far is following the script to a "t" with very minor deviations. As that old wall street guru said (and I can't remember who it was), he got rich by always selling too early...

Zeev
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