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

To: anon who wrote (14940)	4/23/2001 3:26:07 PM
From: Zeev Hed	Read Replies (3) \| Respond to of 30051

My own Maginot line on CMRC is truly not technical (the echnical one is too far down around the April4th lows), at just above $8. I did just reenter VECO here just above $48 for a short term bounce of a buck or two. Not a time to be a big hero, cash is still king, particularly that the market's internals are not that good. I was too optimistic expecting a stretch of that rally till Wed. morning, but being heavy in cash (despite Mike M. joke last week about my 77% cash <g>), does not feel bad in this decline. Zeev