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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (1385)	5/2/2000 7:53:00 PM
From: Sergio H	Read Replies (1) \| Respond to of 30051

Hi Zeev. Futures are saying that a half point rise is emminent. That being the case, expect Greenie to offer a "leak" in some speech or press release prior to the Fed meeting, allowing the market an opportunity to digest the news, shave some points off our indexes and then proceed to rally. Arguably, the futures are running contradictory to historical precedence that lays the quarter point rise as even odds. If the first scenario is correct, then it would be prudent to stay on the sidelines until Greenspan speaks. If the latter is correct, then the market volalitility will continue, absorbing the short term and worrying about the long term. Nice thread. I've been enjoying reading the commentary. Sergio

To: Zeev Hed who wrote (1385)	5/3/2000 8:58:00 AM
From: SBHX	Respond to of 30051

Thanks Zeev, I discarded non-core in april and retreated to focus on the companies that I think I understand well. I didn't plan to buy heavily, in some cases (voxx, alsc, bce, atyt, sndk[slight]), I put in ridiculuously low bids over I didn't think would get filled and got most of them. They're all gone now for a decent return. Even today, I still put in ridiculously low bids for all the usual targets, don't know if I'll get any, but barring a retest of april14th, I won't be too scared. SbH.