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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (8642)	12/6/2000 4:49:54 PM
From: Rich1	Read Replies (1) of 30051

I did some numbers NQ high today is 2900 November 30th low is 2436 50 percent is 2668 we are at 2735 now..S&P high is 1382 for December and low is 1297 last Thursday so 50 percent would be 1339 we are at 1354 now I probably will buy at those levels.. Only another 15 points on S&P and 67 points on NQ's(NAZ futures)that's is where I probably will go back in.. If that doesn't hold I will take my losses and look for your numbers.. But my cycle guy had the high today if we gapped up and we did 2900..

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