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


To: Zeev Hed who wrote (18000)6/14/2001 5:12:43 PM
From: Nancy  Read Replies (3) | Respond to of 30051
 
zeev,

IRF warned.



To: Zeev Hed who wrote (18000)6/14/2001 5:15:18 PM
From: $Mogul  Read Replies (2) | Respond to of 30051
 
Zeez, it is shameless for others here in this community to wish others to face dispare..as if the mkt does not make one humble enough... shame on these people.

on another note,

Some majior breaks today on the UTY, TRAN NDX etc... not sure things are looking so rosie after all..

BTW..I have stated many times that we are heading lower..adn i sure am glad to see a man of wisdom and reason in the same camp.

Respectfully,

Mogul



To: Zeev Hed who wrote (18000)6/14/2001 6:06:09 PM
From: Rashomon  Respond to of 30051
 
Zeev, I find myself increasingly bearish. A recent conversation with a very plugged-in VC left me even more so. He went all cash late last summer in his personal accounts and remains so. His portfolio companies are suffering -- not dot-coms -- and he says that anyone selling to IT departments can't close anything right now. He expects continuing warnings from NASDAQ tech leaders, particularly in software and networking. The tech malaise has spread to Europe and Japan, and sales that were helping to make up for the US slowdown aren't happening right now.

My bearishness cost me some upside in the Spring rally -- I bailed out of a number of positions established very near the bottom with only a third of the gain I might have had had I held longer. However, capital preservation seems to be the name of the game this year, and I think we're a long way from seeing all the bad news that is yet to hit -- and that even includes some of my favorite REITs with northern California exposure.



To: Zeev Hed who wrote (18000)6/14/2001 6:07:50 PM
From: Sabrejet  Read Replies (2) | Respond to of 30051
 
I haven't looked past 1850 in depth, since our last trip below it. But I don't see a move below the low(before October) that was set. The reason for that is, there are other sectors in the comp that are currently growing and should support the low set.

As far as anger goes, when you guys start sending e-mails as Dudash has stated, it leads me to believe there are secret agendas flying around. I don't have time for that and don't have time to evaluate all those here again.

History on these boards has shown that when posters start sending e-mails and word gets out, many go elsewhere.

I really think some here are so convinced that what Larry says is so accurate they become defensive, as was yesterday against what I said.

I know you are a trader but your record has become almost advisory. I've talked to 4 people here on p.m's. and 3 of those have had the unfortunate experience of getting smoked in this market. They are looking to better their trading record and are "eager" to move on advice. You could be held liable in case you don't know it. Larry's ability to constantly put others in their place can be liable as well. He has implied and stated on a regular basis his "expertise" to others, solidafied by his formal service of affirming or disproving others opinions on his "web" site.

Now do you think Larry knows that? I'll let the record here stand for those who want to discuss it.

Maybe the bigger picture is not so obvious. Now are my concerns for me? I've been here a while now. I have never had an agenda. Think now. Why would I start this?

Sabre!



To: Zeev Hed who wrote (18000)6/14/2001 7:57:18 PM
From: m1o2n3i4c5k6  Read Replies (1) | Respond to of 30051
 
Hi Zeev. Please get your best quija board out and predict what will happen tomorrow:
1) open, higher or lower in the first hour
2] close end or day, higher or lower than todays close.(what level?)
3] open Monday first hour.
All this cuz I'm stuck with my long position at 2082 and I'm trying to figure out whether to take my lumps or tough it out.
Thanks. Houdini