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


To: Zeev Hed who wrote (3106)7/11/2000 10:41:56 PM
From: vampire  Respond to of 30051
 
Not to be a wise guy but don't all rallies start off as "stealth" rallies? Aren't people most negative when the market is down and therefore think any rally is just a dead cat bounce...and before ya know it, we're up several hundred and THEN everyone margins up again.

It actually seems hard to believe that the Naz is about 800 above its low - or is it just me?



To: Zeev Hed who wrote (3106)7/11/2000 11:12:40 PM
From: mishedlo  Read Replies (2) | Respond to of 30051
 
Zeev,
most of those 1000 points (900 or so in reality)
came in late may and first week of June.

Summer rally has been sideways as best as I can tell.
I have done poorly with it indeed except for my bail of 2/3 of RMBS at average of 117 and some of the rest at 107.

My picks since then have not been ZEEVIAN in nature to say the least. You give me a list and I select the worst performing of the lot.

I did make a little on a couple of my picks, (CERT, IRF, and did pretty good on BEAS) but turned a good profit into a break even or small loss on GMST.

I am starting to think about selling into every rally.
Bought some RMBS back at 89 and may just take the few points they give me in the morning.

Bought ELON this AM to see it rise to 57 and sell back to where I bought it. For the life of me I can not figure out how your buys and sell are always so nearly perfect.

Unclewest was buying ANAD and I thought it's chart looked pretty good so I went with that this AM instead of QLGC, my other choice. Well you know the rest.

All the bios I was considering have been on an absolute tear, while I sit ready to pull my hair out.

It seems to be a near miracle that I am up about 200% in my IRA this year. However, I have blown millions more than I have in RMBS, CREE, and ELON opportunity costs alone.

When can I buy shares in ZEEV Traders Inc?
How about lessons for a fee?