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

To: Mike M who wrote (14822)	4/20/2001 6:20:30 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

Mike, short memory, can't even recall events two weeks ago? here is a reminder: Message 15613640 Fully loaded means no cash, check the date, the low on the Naz, check January 3rd, a similar statement and another local low just before an explosive rally. Sure, now that we have had our move and that profits were taken, I am back very heavy in cash, and that cash will be available between here and May 9th to be redeployed hopefully to go heavy in cash again when we reach the second inverted W peak, just as i moved to "full" cash during the last week in January, a very correct move as history now shows. Hays, on the other hand had been at that level of equities almost through the whole Februray/March massacre. Zeev