Steve's Channelling Thread Message Board

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Strategies & Market Trends : Steve's Channelling Thread

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To: Chuck Williams who wrote (12641)	3/14/2001 7:51:22 AM
From: Zeev Hed	Read Replies (3) of 30051

Chuck, I think this thread got to the point of "irrational exuberation" and as is always the case with extreme, will pay the price. The futures are down (is that the new limit? 32 on the spoos and 65 on the e-mini?). I have not had a chance yet to see who 's pre-announcement caused this, but it is surely going to be a good "causus belli" to prove the turnips wrong, appropriate timing from mister market. The question is this another "leg down" or just an attempt by the "houses" to get cheap stock. I 'll have no clue until it open, so I might very well see if there are few things I can unload in the premarket to raise a little cash for later in the day. Zeev

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