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Strategies & Market Trends : Steve's Channelling Thread

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To: Logain Ablar who wrote (1055)4/17/2000 12:19:00 PM
From: Zeev Hed  Read Replies (2) of 30051
 
Tim, we are approaching this 3375 level and bouncing once from it. I fear a repeat of last Thursday, my signal will be break of that level. VLNC bounced nicely as expected from the support at $11, if it hold, fine, if not, and I expect by late May it will not, then we could see single digit VLNC again. I am on the sideline at least until tomorrow afternoon.

Zeev
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