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Strategies & Market Trends : Steve's Channelling Thread

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To: U.B. Green who wrote (8498)12/1/2000 12:02:58 PM
From: Logain Ablar  Read Replies (2) of 30051
 
Bernie:

I'm selling this rally. It ends either today or by next Tuesday unless the FED eases (unlikely but they are now indicating lowering bias) or we have a solution to the Presidency (only if SC rules against FL SC). The presidency thing is just a day or two bounce.

This week we finally started to see fund redemptions. I still expect the SOXX to vomitt and bring in the final flush (look @ INTC's chart, when it breaks the NAZ has the flush and its getting ready to break).

Just ask yourself this question. What happens if INTC warns? INTC will know within a week if its making its #'s and by todays action maybe it already knows.

Good luck

Tim
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