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


To: TREND1 who wrote (17522)6/10/2001 9:32:11 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
Larry, I already cashed this gain, I was in the market even a little ahead of April 4th, the question is not what was then but what is next, Id like to remind you that 1629/2328 is about 70%, thus going back there will be a loss from today of 30%. I also remind you that during all January, I shouted here from the top of my lungs get out no later than Jan 31st at 2:15 PM, and that drop, my friend, came awefully close to a 50% shave. You are telling us here at 2328 or so, wait until we breach 2078 or more than a 10% decline, well that might very well be half of the profit we all had coming from the recent bottom. Many would rather not leave those profits on the table.

Zeev