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Strategies & Market Trends : Steve's Channelling Thread

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To: GTC Trader who wrote (785)	3/30/2000 3:26:00 PM
From: Zeev Hed	Read Replies (2) of 30051

Stop the bleeding before anything else, meaning sell, I sold a lot today myself, many closing positions at losses. Right now, there should be some bounce from the 4300, if you believe the chart, but I do not see any serious support until 3800 on the NAZ, and frankly, onvce the market get hit that bad, liquidity comes in second place. Maybe we complete the rout tomorrow with another 300 down draft, but if that happen, then we could be at 3800 by Monday. Zeev

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