Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: rfisher who wrote (2082)	6/1/2000 4:07:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

One would guess so, but if we take out the 200 days moving average (around 3650 or so) we may be in the summer rally those turnips have been harping on. My better bet is a run just above the 200 days moving averages (I had just under 3800 as the target for a rally from May's low), and then a rapid retest induced by rate fears just before the Fed's meeting. My better bet is not, however, the best bet (g). Personally, I am still in a relatively high cash position (just above 55%), but sinmec I am out many dasy next week, I'll have to play it "easy". Zeev