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

To: Zeev Hed who wrote (17376)	6/8/2001 8:58:30 AM
From: James Calladine	Respond to of 30051

EVERYBODY ON THIS THREAD: I very much appreciate the QUALITY of the discussion on this thread, and the wide experience of those contributing. Thank you! Namaste! Jim

To: Zeev Hed who wrote (17376)	6/8/2001 9:21:38 AM
From: Rich1	Respond to of 30051

In site of JNPR and Niles market doesn't seem to want to break down..Went short some eminis at the close last night..

To: Zeev Hed who wrote (17376)	6/8/2001 10:50:51 AM
From: TREND1	Read Replies (2) \| Respond to of 30051

Stocks sorted by 50 Day High. geocities.com Larry Dudash

To: Zeev Hed who wrote (17376)	6/8/2001 11:59:24 AM
From: TRINDY	Read Replies (2) \| Respond to of 30051

Zeev, Congratulations on staying somewhat on the "dark side." What a strange market it is. Yesterday, BRCM preannounces and its price goes up. Today we get a JNPR announcement, and the Naz collapses, even with the questionable positive INTC news. My own indicators are flat to negative. Still slightly positive on the Naz, but today's action could turn that signal negative. It is interesting to see the pounding that Utilities have taken recently. Maybe we are entering a cycle where bad news has bad consequences once again. The strategy I am following for now is to buy/sell outliers, but only with part of my accounts. By that I mean to sell when the QQQ surpasses the 30 day MA and buy when it falls below the 30 day MA. In a market without direction, this has worked well for me. Like many others on this and other threads, your thoughts are closely followed. None can be always right in this game, but your words should always be considered. Cheers!