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


To: U.B. Green who wrote (4360)8/15/2000 1:12:50 PM
From: Zeev Hed  Respond to of 30051
 
Bernie, going onto the 3850/3950 in the Naz signaled to me the need to start and unload, which I did yesterday (of course, I left some on the table), I was not in this morning, but right now, I am looking at additional positions to unload. On the other hand, since my cash position has increased I am looking at special situations for entries points (I still want to get back onto QLTI, for instance). As for the market in general, the $100 on the Dow should be taken in context of the great advance in the last 10 days, not reversal, IMTO, I am more worried about the semis and other techs.

You may want to get out of some 30% of the positions you have done well with just to wait for a better entry, a tough call.

Zeev