Steve's Channelling Thread Message Board

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Strategies & Market Trends : Steve's Channelling Thread

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To: LiPolymer who wrote (3662)	7/27/2000 10:22:14 AM
From: Zeev Hed	Read Replies (1) of 30051

Seems like the turnips did not guess well how far this decline from 4200 will be, they had a decline to the 3965 area, and they have a Maginot line 100 Naz points lower, we are approaching rapidly, but many stocks are breaking their patterns and thus the likelihood of a serious rout here has increased. In the manwhile, I have also taken out VECO at $75 for $6 loss. I have a "warm" spot in my heart for VECO, but it should not have broken $78.

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