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

To: Bruce A. Thompson who wrote (9840)	1/4/2001 4:10:19 PM
From: Zeev Hed	Respond to of 30051

Bruce, I think SSTI is running into a little resistance here, but it sure looks like it is trying to repair the technical damage inflicted. This retracement is taking a little longer than I expected, and we are still meeting a lot of selling. Maybe we need more time to absorb the advance from yesterday, after all, it was quite a show. I am going out tonight with too much cash (at 47%), but I hope to get a chance to rebuild for next week sometime tomorrow. I'd like to get back into the quartet and if they give some retracement in semis I'll get there as well. Still riding NSM, AMAT, NVLS and the bu$$ in this sector, but i would not mind getting back into few others if they hit them in the morning. Zeev