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Strategies & Market Trends : Steve's Channelling Thread
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To: Zeev Hed who wrote (10450)1/23/2001 9:49:48 PM
From: GTC Trader  Read Replies (1) of 30051
 
BRCM hit 142.71 in AH! I had a GTC buy order in today at 122.06. Missed this ride by about 50 cents. Perhaps it will execute on your "retreat to the low $120". Hopefully that retreat will happen before BRCM goes above $150 (which I do not expect any time soon).

Message 14900240

On 11/28, you predicted that the Naz would "rally to about 3150 or so by mid January and then fall to 'only' the 2200 or so level by early march.

Message 15232092

Today, you referred to your "less than exuberant view on the market". I take it that you currently see a short-term high on Naz of between 2850 and 3050, being reached between today and next Tuesday (at 2:30 p.m.).

Do you still see a retest of 2200 within the next 4 to 6 weeks?

That is my opinion, so I wanted to check with you and see if I am right !!! : ' )

I will sleep better if I know that your outlook hasn't changed. The market has been stronger than I expected this last week and reached 2850 before I would have guessed (my guess was 1/30, right before the Fed announcement).

I turn 40 next month and am curious to know if the market is still planning a sharp decline in honor of my lost youth !!! : ' )

Ouch. My back is gettin' a little stiff. Let's see ... what wuz I gunna do?

...
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