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

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To: U.B. Green who wrote (39789)3/11/2002 2:03:31 PM
From: Zeev Hed  Read Replies (3) of 99280
 
I would step aside here as well. Actually, I just sold CAH, a core position, for "lack of performance", it has not made a new high in more than 4 months, so i expect it to retest the bottom of the box and reposition a little better. That also fits with the need to increase cash a little more, now 68%. I also sold an old friend here, POOL at $32.26, but that one mostly because it is quite "overextended", with RSI extremely high and in "sell" territory. I hope I'll be able to get it back on a retrenchment to the the $28/$30 area.

zeev
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