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

To: DlphcOracl who wrote (91650)	7/5/2002 12:48:56 PM
From: DlphcOracl	Read Replies (1) \| Respond to of 99280

Was holding 35% position in Velocity 100 fund (2:1 leverage on the NDX 100), now going 100% cash before the close. Will wait to see what Monday brings, particularly if we are able to take out 1460-1465 level. I'm still leary about what will happen when the pros return on Monday and remember the last rally of this magnitude in May -- no follow through. Anyway, as Patrick Bateman said, booking long profits in this market is never a mistake. Have a good weekend everyone.