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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (17770)1/2/2002 6:15:57 PM
From: Zeev Hed  Read Replies (3) | Respond to of 99280
 
Well, at some times during the day, my cash was as low as 38%, but I went to sleep with 56% cash, I don't think this rally is going to go past my January target around 2120/60 or so. I may add few positions if "they come down" to me, but right now, I'll be looking more at increasing cash as this rally develops. Of course, I may still play the daily mayham in the Q and few semi-equip (they really scare me here, but hey, momentum is momentum...). The fact that new highs hit only 90 (big contraction from Monday's 143) should worry the bulls, IMTO.

Zeev



To: bobby beara who wrote (17770)1/2/2002 6:17:04 PM
From: brightness00  Read Replies (2) | Respond to of 99280
 
Well said. Sly and Softie are the most reliable contrarian indicators lately.