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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (4623)8/24/2000 5:02:10 PM
From: anandnvi  Read Replies (1) of 30051
 
Well, I smell something fishy here and expect now a decline of at least 200 NAZ points

Zeev, we closed near the high of the day on strong volume with a very healthy A/D ratio (volume and number of issues). Can you share the technical reasons why youre bearish?

Thanks in advance.

Anand
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