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

To: mishedlo who wrote (4251)	8/11/2000 1:09:18 PM
From: Zeev Hed	Read Replies (3) \| Respond to of 30051

Tick never got too negative, but the Dow action together with the breakout of the bonds make me believe that Summers is going to, finally get some liquidity flowing, and that will splurge some into the Naz as well. I may be wrong, and I think I'll know better over the weekend, that is why I have fully deployed cash, as yet. As for RMBS I took one trip and sold much too early (it did get above $69, which I now condier strong overhead resistance), I sold at just above $66, and hope to get back under that by quite a lot, how much, I know not. Volume ion RMBS is pretty good relative to the last few days.