Steve's Channelling Thread Message Board

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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (687)	3/23/2000 12:34:00 PM
From: YxY	Read Replies (1) of 30051

Zeev I don't want to bother you but could you explain why you see $4.5 as excellent support? I see about 60 million shares traded with uniform distribution between 4.5 and 3.75, below 3.75 the volume shrink. I agree that 4.5 has been a daily high or low several times but it also failed to be so about as many times. I'm not telling that RDRT will not go up here as I'm rather bullish on the sector It is just i'm not understanding your technical levels and that makes me worry as they often prove to be correct...

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