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

To: Larry Brubaker who wrote (4780)	8/30/2000 11:47:40 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 30051

It then depends on what do you see as the market potential in the next few weeks, I am relatively positive, so saying "short everything shortable" would not be my recommendation. If you plan on hedging a number of other longs, I think you may want to find a slightly better candidates, while it is still in "shorting range" under $45, it did make a new "recovery high" above roughly $40, which could be the start of a new trend (I doubt it, because of YHOO weakness recently), I think that YHOO is probably a better bet here. Zeev