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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (11680)2/24/2001 12:59:28 PM
From: Mike M  Read Replies (1) of 30051
 
Zeev, I didn't get much of a warm and fuzzy with the bottoming process Friday. It would appear to me that, short of an external catalyst, we only have a day or two of rally before we have to return with at least a modest retest. Perhaps then we are looking forward to a more definitive rally and a further bottoming into March. It could be this March move that might actually reflect some capitulation, a defining p/c ratio and a real bottom from which a serious rally could materialize.

It would seem that this scenario might play into the hands of your proprietary<g> turnips...

What do you think?... Oh, to heck with what you think. What do the turnips think<vbg>?
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