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


To: anon who wrote (22684)8/2/2001 4:41:08 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
Anon, sorry, too late for today, I had t be "away from the market" (one of the reasons for my hasty exit early this afternoon, apart of the fact I don't trust the market here <g>).Some stocks that are "well positioned" for strong bounces would be TARO, IMCL, PDII and IDPH (if you believe as I do that money will flow back to bio and unique generic pharma, when the semi mania stops). Another one that could move quite nicely would be GMST, it could drop just under $40 or so, you may want to try and catch it on a swoon to the $41 area, but if this rally is for real, it could run to just under $50. Personally, I am back to 50% cash tells you how much faith I have in this rally. (g)

Zeev