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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: Michael who wrote (3447)	7/14/2002 11:43:16 PM
From: ajtj99	Read Replies (1) \| Respond to of 30712

Michael, if we get a re-test and a lower low Tuesday, we could get a 50-point bounce off that low. However, I don't really think it would go much further than a 50% re-trace off whatever high we had Friday or possibly tomorrow. Zeev is often reluctant to give up on his optimistic numbers until they are impossible to achieve. He does adjust, but often after the move is well in hand. He prefers for the market to prove his turnips wrong, then he moves quick. It works for him, and that's what's important. I think what many miss is that he does not allocate more than 2% to any one stock unless they are intra-day traders, and then it is only maybe 5%. He is nimble, diversified, and protects his capital. He also makes astounding returns. However, unless people are diversified and nimble, they are best to not attempt to duplicate what he does.