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

To: Israel who wrote (63514)	5/8/2002 7:43:37 AM
From: orkrious	Read Replies (3) \| Respond to of 99280

..agreed.. NAZ has been pumbled over the past several weeks, we knew this kind of rally would happen, CSCO is just an 'excuse' to start it off.. wouldnt be surprised if we break 1625 and make a move to 1640-45 This is why I have been carrying a "core" short semi position, of which I have covered only a small amount. I knew this was coming, but I didn't know when and I don't want to miss the complete carnage. I did cover all of my BRCM yesterday, which will probably be a mistake. I still have virtually all of my semi equips. For the last 10 days, I have been shorting every rally with additional "day" shares and covering as it fell. I hope they run this hard and fast. Then it will be back to business as usual.