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

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To: All Mtn Ski who wrote (4959)11/12/2001 6:48:42 PM
From: Zeev Hed  Read Replies (2) of 99280
 
I am actually "calm and collected". None of the stocks I like have run by more than about 10% from my highest recent sell, and actually, the core positions (early canaries) like COO and AGM are below my sell, and IGT and TYC still very close (and these two were sold not on stop loss, but on "enough profits for now"), that indicates to me that getting into the chase will prove hazardous. Frankly, we had a strong Naz day, we are less than 40 Naz from the recovery high, and the number of hew 52 weeks high is contracting, the volume at 1.5 B is miserable to say the least, and the new lows list is expanding, why should I worry with 80% cash?

Zeev
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