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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (5318)9/20/2000 9:43:30 PM
From: Rich1  Read Replies (1) of 30051
 
Sorry if I appeared to be sarcastic, was kind of joking. Don't take it personal.
One of the things I have a problem getting used to is when someone is real bullish one day and bearish the next. Ground Zero who is a friend and neighbor of mine does it all the time. Yesterday he was long the NAZ, shorted it at around 11 A.M. then went long about 12:30, now swears it going higher tomorrow, but he was real bearish this a.m. when we broke down again..
He drove me crazy.<ggg> But he follows the technicals as you do. I am learning but not up to yours and hsi level.
I did call the low on IKE's thread at around 1427/30 when we bounced off CArpino 3/2 band. I think maybe I got lucky..
I think we have seen a divergence between the S&P and DOW which I think are going lower and the NAZ which could higher. Obviosuly the NAZ won't be affected by $40 a barrell oil as much as the DOW and S&P...JMHO
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