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Strategies & Market Trends : Steve's Channelling Thread
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To: Zeev Hed who wrote (3097)7/11/2000 8:56:19 PM
From: john rieck  Read Replies (1) of 30051
 
Zeev,

was wondering what level on the NAZ would be a signal that the summer rally is about to commence. Thus far, sellers took charge at 4054(FRI), 4028(MON) and 4029(today). Have heard several analysts say we need a catalyst to break out...do you think YHOO's earnings will do it? NAZ futures show +60, which still leaves us in the twilight zone of 4016.
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