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Strategies & Market Trends : Steve's Channelling Thread

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To: U.B. Green who wrote (1370)5/2/2000 3:34:00 PM
From: Zeev Hed  Read Replies (2) of 30051
 
Bernie, it is not a correction, it is a resumption of the bear move from March. This one might be just a two to three months affair, kind of a shot over the bow of the equities market, and after that I see a another (monster ) rally. It will take time because it will not be a single down move, we will have to have mini bounces from the 3590 or so area, from the 3300 or so and then the last move down just under 3000, so the turnips say.

Zeev
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