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Strategies & Market Trends : Steve's Channelling Thread

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To: Mike M who wrote (14818)4/20/2001 6:01:39 PM
From: Zeev Hed  Read Replies (3) of 30051
 
Gee, you guys are demanding, when the market is at 1620 or so and I say repeatedly we go to 2160, by April 18th or so, you guys give me a hard time (and the CFZ essentially bans me ), now that we have exceeded that umber you want to know is 2250 in the cards here? Personally, I do not think we will go higher than yesterday's intraday high just above 2200, the turnips however have a 25% probability we get there. If we do, it will all be forgotten before the week is out, since they have us well on our way under 2000 and toward 1850 by May 9th. As I mentioned earlier today, Monday should have a slight bias up and Wednesday should a turnaround day (the cycle guys call it a top?).

Zeev
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