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

To: vampire who wrote (29344)	10/3/2001 1:24:56 PM
From: Zeev Hed	Respond to of 30051

I think that the rally will stall hereabout (we are at that 1570 area I "promised" for this week, from here the model had gyrations up and down with an up bias, symmetrically opposite to the period of May 22nd to late August). I am starting to relieve m position to an average of 25% cash here. As for JNPR, I would guess that it will slowly try and get to about $18/19 with recent lows as support. I just took off MERQ here at $26.30 for another $.70, and MU at $19.35 (another $.55) and am slowly stepping aside. Zeev