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


To: U.B. Green who wrote (16478)5/23/2001 4:16:03 PM
From: Zeev Hed  Read Replies (4) | Respond to of 30051
 
Actually, I am at 56% rather than the 40% I suggested on the breach of 2250. The reason is that the last few days have presented very good profit taking opportunities, so I sold much more than I expected. I did a fast deployment before lunch, but it rapidly showed to n a so/so rally and thus covered most of these new deployments and sold positions I entered in last week at much lower prices as well.

I think that we continue down a little more here (if you call about 150 Naz points a "little". I believe we should get a bounce from the 2100 plus minus 10 naz points (my 2095 support).

Zeev