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Strategies & Market Trends : Steve's Channelling Thread

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To: ajtj99 who wrote (12625)3/13/2001 6:48:30 PM
From: Zeev Hed  Read Replies (1) of 30051
 
I do not have the SPX going above 1276 by the middle of April, the low from the April 18th (current estimate) with a very fast and furious decline hitting the SPX and Dow harder than the Naz, culminating for a cry for help for another fed cut around the 9/th or 10th of May (just in time for the FOMC meeting on the 14/15 of may). The Naz will be hurt, but I doubt that 1900 will be breached. I have the Dow going from close to 10600 to 9600 in those blistering three weeks.

Zeev
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