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


To: Zeev Hed who wrote (11716)2/26/2001 3:13:30 PM
From: captain_midnite  Read Replies (2) | Respond to of 30051
 
Angell and guys at Bear Stearns yapping again...market rallying on their call of increased probability for AG to cut? Maybe some weak shorts covering on that, but cannot see this as a good basis for a sustained rally. More like setting it up for another drop.

When AG is all we got...I don't like the chances. Rather see some stock buy-backs announced and some techs reporting better visibility into late '01.

Looks pretty good for your next interim low...least the Dow did bounce pretty strongly off of 10.3k. Maybe MSFT news could trigger some COMPX rally, I think the Fed's are in trouble here at appellate level...trial judge was a bit too "expressive."

Good luck all
midnite



To: Zeev Hed who wrote (11716)2/26/2001 3:14:58 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
Nice delayed rally here, but I am not believing it, using it to unload more, just sold MVIS at $18-9/16. I am also trying to find a way out of CDTS without a loss, I think it could go and make a new low on the next salvo down.

Zeev

In edit, CDTS out even at $5-3/4



To: Zeev Hed who wrote (11716)2/26/2001 3:16:24 PM
From: Bosco  Read Replies (1) | Respond to of 30051
 
Hi Zeev - being a nosy body <g>, when will TYC be in your core? I mean, what stop you from selling it for profit? Just try to learn. Thx

best, Bosco