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

To: TREND1 who wrote (24282)	8/16/2001 3:45:11 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

Larry, according to the "scenario" we are supposed to bounce from 1850 (+/- 2% <g>), but the bounce should be mild, my current max target was reduced to 1973 from the bottom of the old band at 2050/84. So, maybe that is the beginning of that bounce, I think the bounce ill no go beyond Tuesday afternoon, but it could be playable. I am going out at 54% cash, probably will go as low as 30% cash tomorrow during the "Lunch tactics". I doubt I want to be much much less than 50% into the weekend. Zeev