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

To: U.B. Green who wrote (3966)	8/2/2000 2:41:48 PM
From: Zeev Hed	Read Replies (3) \| Respond to of 30051

Well, Bernie, this morning, I was watching WSTL go down and breach $21, it bounced back all the way to $22.5, but the ease with which $21 was taken bothered me, so I did not jump, and now it is at $19. As long as I see these, I'll wait for major commitments to see an extreme in sentiments, maybe two three days in a row of a tic under -1100 will do it. Some individual stocks are getting close to the May lows (CREE was as low as $94.5, the may low is just under $91), with the though of getting in but bailing if the May low is taken out. Thus, I might jump, at least for few DCB bucks. But major redeployment, I have to see the white in the eyes of the MM's before that. Zeev