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


To: mishedlo who wrote (44217)3/26/2002 8:29:05 PM
From: Zeev Hed  Read Replies (3) | Respond to of 99280
 
I stated before that I expect the turn to occur before tomorrow at 2:00 PM, I have been reducing cash since late last week, yesterday I was in the mid 30%, but going to sleep overnight with the Q (by itself the Q is around 10%) and few additional deployment got me by the end of the day to under 10%. I can rapidly get back to 30% cash by selling the Q (so far all green) and few other traders, but I'll wait to see first how deep tomorrow's morning swoon down goes (if we get a swoon down). Since I have had a line in the sand at just under 1800, reloading here just under 1810 made a lot of sense. It is not "instinct", but following a rational plan which I have laid out on this thread for quite some time. That is what one calls "Putting your money where your mouth is" (g).

Zeev