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: Crimson Ghost who wrote (3722)	7/28/2000 8:57:18 AM
From: Zeev Hed	Read Replies (2) \| Respond to of 30051

George, I got back in full force in late may (a little early, since I started redeployment May 18 and was fully deployed by early June), I thinned down around the top of 4200 alright, but redeployed heavily just early this week when we reached what i thought would be the end of the current retrenchment, and was close to my max equity yesterday morning, when we did not hold 3965 I cut equities sharply yesterdsay morning. In short, I was whipsawed, not the first time and surely not the last. If the naz tic was very negative, I would have jumped back in, but as it is, I think we need a deeper retrenchment to get the sentiments indicators more "in line" if the rally that started early June will continue. Zeev