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Strategies & Market Trends : Steve's Channelling Thread
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To: cellhigh who wrote (3673)7/27/2000 12:50:07 PM
From: Zeev Hed  Read Replies (2) of 30051
 
It could be, but, the lack of an extreme reading in the tick indicates to me that this Maginot line (holding pretty well so far), will have to be retested, at least. Right now, I am still holding for 4500 on the NAZ in the next six weeks, if the Maginot line holds. I will not make major commitments until we test this line at least another time. I will do some "raiding". In any event, I just got out of MVIS as soon as it crossed $40. losing $.25 on this and still raising cash.
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