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

To: Zeev Hed who wrote (26621)	9/8/2001 9:47:50 PM
From: curtis christopher	Read Replies (1) \| Respond to of 30051

James and Zeev, are current layoffs sufficient to make a meaningful dent in the automatically available 401K funds?

To: Zeev Hed who wrote (26621)	9/8/2001 10:17:00 PM
From: James C. Mc Gowan	Respond to of 30051

Zeev; great info on available $$$ for future rally. I have seen your views on possible rebound after selling has run it's course. Would you consider a strategy of buying a NDX or SPX proxy now and continuing down to eventual selling climax, using a 3:1, long to short ratio on these indexes prudent? I know you trade very actively daily, but you carry over %in market and cash, so I must assume that you are positioned, to some degree, for a bottom even as we continue the descent. I started to average down on NDX proxy with the 3:1 ratio starting about Nas 1700/NDX 1360 +/-. As I cannot know THE BOTTOM for this phase of the market, I'm hedging, but leveraged long. Do you ever take a index proxy approach, when/if you see an opportunity for capturing a substantial rebound? Thanks for your thoughts, I appreciate your research and wisdom. James

To: Zeev Hed who wrote (26621)	9/8/2001 10:19:32 PM
From: marginnayan	Read Replies (1) \| Respond to of 30051

Could you please comment as to whether the collapse in the NASDAQ will be followed by collapse in real estate market. Is this ever going to happen since I even read an article by PIMCO bond fund manager that the real estate market collapse most likely will not happen. I think that the real estate market is the only thing that is holding up consumer spending and thus far the economy. Also the tech industries contribute about 20 % to the total GDP and so even while tech continues to be in doldrums, the economy can still avoid a recession. Are we done with the slide in dollar or there is more to come? Thanks, marginnayan