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Strategies & Market Trends : Steve's Channelling Thread
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To: mishedlo who wrote (3830)7/30/2000 12:02:29 AM
From: Zeev Hed  Read Replies (2) of 30051
 
Well, if you are talking very short term, then the turnips were down in the trenches those heady days of the 22 to the 24 of May, the signal they gave was too early (on the 22 they dove in, finally, albeit slowly) and was triggered by the the tic going to -1400 or so and the trin to 8. It took another two days (and another 200 Naz points to reach the actual bottom). The target of 2950 was, however proposed weeks earlier (and we missed by 100 naz point, so may be this time we'll get there?)

Zeev
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