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


To: U.B. Green who wrote (2599)6/21/2000 12:25:00 PM
From: Zeev Hed  Respond to of 30051
 
The period from March to June was extremely dangerous, according the the turnips (and indeed we got some real "doozies", from here to elections, the turnips were forecasting a "monster rally". If it is too compressed in time, new dangers will lurk, but, if it continues with hesitency as we have now, it will have sustaining power and the turnips forecast of 13,500 on the dow and 5000 to 5200 on the NAZ could come through. If that happen, you just want to ride it (just like we rode the quartet BRCD, BRCM and JNPR in the Jan/ March period, and to a lesser extent VLNC, MVIS and few others.) I wpould rather not "day trade", but sometimes, like in the last three months, the market forces my hand.

Zeev



To: U.B. Green who wrote (2599)6/21/2000 2:33:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
Well, I am back in VSH at $47-3/8, no luck wioth RMBS so far, just bouncing above $90 and refusing to go under, I think however that it will.

Zeev