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

To: Zeev Hed who wrote (6835)	10/26/2000 1:38:01 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

Well, I will not be here later this afternoon nor tomorrow, be careful every one. I sold the last QLTI for $48.5 and have put in an "outrageous bid" at $43.125 to replace it. I also have an outrageous bid at $17.125 on SSTI and $51-7/8 on the bu$$. Another outrageous bid is at $48 on the good old SCMR. The MVIS outrageous bid, I mentioned before. ELON OB at $21.125 I can leave with the knowledge that any massacre here finds me with about 60% cash, and if we turn before I am back, I am not used to cry on "lost opportunities". Remember, preservation of Capital is the key. Good luck to all. Zeev

To: Zeev Hed who wrote (6835)	10/26/2000 1:47:50 PM
From: Jdaasoc	Read Replies (1) \| Respond to of 30051

Zeev: Any ideas on very charting LT moving averages for NDX. In my simplistic method, I put 5 year monthly NDX chart and asked for moving averages entering 10 months I get 3733 13 """""" 3588 26 """""" 2790 50 """" 1944 Any idea what time frame one should pick to get a reasonable base for support. I guess these type of dicussion only occurs 10 or more years apart. Where you day-trading back in 87. I surely wasn't playing the market then john