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

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To: TREND1 who wrote (24589)1/25/2002 11:05:27 AM
From: Zeev Hed  Read Replies (2) of 99280
 
Only 20% cash means a bullish position for me, a bounce coming. Two weeks ago I was at 60% cash or so. If I thought the magnitude of the bounce is big, I would be at 0% to 10% cash like on September 28th. Right now, only a bounce to the 2011/40 area. In any event, just took first blood here from QLGC at $49.20 ($1.10), and INVN at $39.20, almost $2 to the good. However, I took a small loss on IMCL when it failed to get above $17 again, out at $16.75. Will get back n, still got those $2.5 to make up for.

Zeev
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