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


To: Zeev Hed who wrote (5272)9/19/2000 6:32:07 PM
From: Logain Ablar  Respond to of 30051
 
Hi Zeev:

Nice call with the market. Glad I haven't been around too much since they missed the day again . You really need to feed the turnips day recognition food.

As for off the deep end what do your turnips indicate for the election time frame? Bull correction or more like fear gripping us by the throat? Will this be NAZ stocks or accross the board?

One of the services I follow indicates yesterdays action on the NYSE universe of stocks (actually yesterday was the finish of about 20+ days of activity) signals a bear coming out of the woods. Timing is everything and maybe something will change the reading over the coming weeks but because of this (and your turnips) I plan on taking profits off the table before the election. After all we'll be past earnings season and have CPI #'s that won't be favorable (a guess on my part @ this time).

I'm still thinking natural gas stocks may be a safe haven for the carnage. I like DVN and BR. Both may pull back more over the next couple of weeks.

BR should be signing new delivery contracts at todays rate. Bodes well for growth over the next year.

Best.

Tim



To: Zeev Hed who wrote (5272)9/19/2000 6:33:30 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 30051
 
Hi Zeev,

Do you think we can safely say that LSI has made a double bottom? Very nice percentage gain on fairly good volume.



To: Zeev Hed who wrote (5272)9/19/2000 6:56:58 PM
From: cellhigh  Respond to of 30051
 
lets hope that was the inflection pt..we had the trin tick and gut check...wish my buy of sdli would have gone thru under 300.



To: Zeev Hed who wrote (5272)9/19/2000 8:17:35 PM
From: U.B. Green  Respond to of 30051
 
Zeev, SSTI did pretty good. It was up 1 15/16. Maybe SNDK will get the message tomorrow. You know, that education you gave me/us last night made today much more understandable and therefore less stressful. I'm also happy I didn't have to "prove my mettle". <g> Thank you again and good trading.

Bernie