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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: GregS who wrote (6565)	2/27/2001 7:57:41 PM
From: Tom Hua	Read Replies (1) \| Respond to of 19633

Greg, AVNX is 1 of 13 trading long positions taken since Friday, bringing the total trading positions to 15. The Naz has gone back to the low last Friday before the stir of hope for an early cut. I'm betting on a rate cut this week. If the cut comes this week, we may see a 200 pt run in the Naz and I'll exit most of my trading long positions. If not, I'll significantly reduce my long exposure and replenish short positions. In any event, by Monday my portfolio should be more balanced than it is now. Regards, Tom