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


To: Zeev Hed who wrote (4217)8/10/2000 1:47:37 PM
From: mishedlo  Respond to of 30051
 
Well I am either a chicken or a bear - not sure which
Since I am stepping away
In Cash I Trust (ICIT)!



To: Zeev Hed who wrote (4217)8/10/2000 4:55:43 PM
From: Logain Ablar  Respond to of 30051
 
Hi Zeev:

I like sitting in cash. Well I like all the companies you mentioned but I still have a problem with the market. Oil is going up and I would expect the inflation #'s to reflect this. The market did not like AMAT's #'s that well nor does it appear CSCO's.

We need to break above 3950 range to keep the bullish trend.

I won't be around in the AM (maybe not all day tomorrow) so cash is fine. Any investing on my part would be in the gas area where the downside appears limited and the upside is similar to the techs last November.

Tim