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


To: Jeff Guy who wrote (11379)2/20/2001 4:00:40 PM
From: Zeev Hed  Read Replies (2) | Respond to of 30051
 
I agree, but too many stocks are reaching my buy levels and I have started to commit cash, it is darkest before dawn as they say. I am not sure I want it, but I just got the holy one at $7-5/8, right here before the close, it is a new 52 weeks low, but there should be some good support (from Berg hopefully) at $7. If memory serves, late last year the turnips promised that the holy one will be available between $8 and $7 and repeated that promise earlier this year, well, sealed and delivered, do I want it? I am now at just a tad above 40% cash.

Unfortunately, when I slide in like that into what I perceive will be a low in the next few days, many of my positions get under water, but prior experience show it is "only temporary" (where did I hear that before? from my friend Bosco?), well, I still can do few double up since a still have ample cash left.

Zeev