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

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To: t2 who wrote (31435)2/20/2002 4:07:41 PM
From: Zeev Hed  Read Replies (2) of 99280
 
There are some stocks on which I have been bullish for extremely long stretches of time (one of them, POOL, just printed a new all time high today), I just think that you must learn to lean against the wind. In the last two day, as the market was declining (together with my cash position) you were more and more bullish, bullishness should increase as more bargain prices are offered and decrease as those prices rise to excesses. All, just IMTO, of course. Right now, after being under 20% cash on the morning "crap", I am back at 50% cash, having taken some very nice profits (and few ugly losses as well). Cash will probably go to the 30% level before the end of the week, since I expect another spill down next week.

Zeev
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