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Strategies & Market Trends : Steve's Channelling Thread

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To: Grashopper who wrote (135)1/30/2000 4:09:00 PM
From: Zeev Hed  Read Replies (2) of 30051
 
Grasshopper, I was quite bullish for Dec and early January, and my call about a decline starting some two weeks ago was not pessimistic, but on the button (I did miss the hour of the day, however <VBG> and the naz took few more days to oblige).

As for GALT it looks terrible and ready to go pretty close to $10, maybe even some new lows under $9. I never liked them (and miss a run to $30), they are in the middle of nowhere physically making it quite difficult for them to be the "in" thing.

Zeev
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