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 (2492)	6/16/2000 10:23:00 AM
From: Steve Lee	Read Replies (1) of 30051

Given todays volume, if we do stick around the mid 70's and then drop back, that will be one hell of a resistance to push thru. I have seen 5 million shares go thru in the first couple of minutes. Then the next 5 mill took us from mid 70's to just over 70, then the next 5 mill back to mid 70's so whichever way it breaks the base is very strong. I take it if we break the intraday high at any point you would be an immediate buyer?

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