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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (15751)	5/13/2001 11:11:58 AM
From: mishedlo	Read Replies (1) of 30051

Zeev, Have you made any revisions in that scenario? Specifically, do you see the rate cut being bought or sold? Perhaps a different answer as to whether or not it is .25 or .5. Also, normally you have a time frame, this time you seem to be sticking with index targets as opposed to turnips saying something to the effect (I expect this period or time frame to be weak). I have no idea how you do it but we bounced about 2 points from one of your weaker targets that you do expect to fail on subsequent retests. Also any thoughts on the amt? Fed fund futures seem to be pricing in something between 1/2 and 1/2 (at least that is my understanding). What a tough week to predict, options expiry and Fed Rate reduction in same week (this time planned). M

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