Steve's Channelling Thread Message Board

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Strategies & Market Trends : Steve's Channelling Thread

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To: Steve Lee who wrote (2624)	6/22/2000 10:59:00 AM
From: Zeev Hed	Read Replies (2) of 30051

Steve, I doubt RMBS will get to $117 today, I have at least six weeks for that event (gee, does it remind you of an old promise of $169 in six weeks, it happened in six days <VBG>). If it does however, then $150 or so will happen quite rapidly. Right now, I have a fly in the ointment of my bullish scenario, the Dow may break that diamond formation (10,300), if it does, I do not think that the "summer rally will be such a "monster". Zeev

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