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Strategies & Market Trends : Steve's Channelling Thread

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To: SBHX who wrote (6939)10/30/2000 11:25:11 AM
From: Zeev Hed  Read Replies (2) of 30051
 
SbH, actually, the May low of $50 was breached in mid October, and the new "Maginot" line is set at just above $48, and that was briefly breached today. And yes, this is a bearish sign.

Zeev

In edit, I just took another hit, out of RDRT at $6-1/32 for another $.5 loss. I think RDRT is "done" for the time being. $6.25 should not have been breached.
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