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

To: ajtj99 who wrote (14514)	4/16/2001 3:13:19 PM
From: Zeev Hed	Respond to of 30051

It may very well be academic, right now, the internals are starting to stink to high heaven. I happen to be at 50% cash and I think that despite the stinking internals, this is too much cash for where we are in the cycle of expected events. I did not expect us to get under 1900 on the naz this wekk, but if we do end there by today's close, I think that would put a major dent into the expectation of this rally continuing with the vigor I expected, and raising additional cash would be advisable. That short on NVLS just under $50 must look appetizing for covering (g). I for one, just jumped back in NVLS for a discount of $1.5 to my last sale. Got to redeploy some of that cash. Zeev