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

To: Mike M who wrote (19167)	6/28/2001 12:36:33 PM
From: Zeev Hed	Read Replies (4) \| Respond to of 30051

There are still too many "indicators" in "bad territory" like the equity P/C ratio, VIX and VXN and quite a number of other one for me to "declare" the 4/4 date as the low, but in the meanwhile, just enjoy the rally, and buy at valuations which are already getting quite ridiculous so you can sell at valuations that are ludicrous. (g). In the meanwhile taking some little profits does not hurt, I took VECO off at $40.40 here for just $3/4 or so. Will see if I can get it back a little lower. Zeev