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


To: LTK007 who wrote (66462)5/13/2002 4:08:55 PM
From: LTK007  Respond to of 99280
 
Nasdaq volume 1.57billion.
NT now at 2.62, a 12 year low. WCOM at 1.44, an 11 year low.Max



To: LTK007 who wrote (66462)5/13/2002 4:10:02 PM
From: Zeev Hed  Read Replies (1) | Respond to of 99280
 
Yes, it is well broken, and as you know, new lows beget new lows. On last week big one day wonder, I increased the whole folio by 1.5% just on the Q, so I can take a bad hit from time to time (this quadruple position in IDPH cost me about .7% of the folio, respective losses were, 16.4%, 12.4%, 6.85% and 2.05%). With this monster position out, I now can regain some flexibility, particularly since I also just sold TTIL here at $23.75 (a minor gain of $.50). At 70% cash, I am ready for the Nassacre.

Zeev