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Strategies & Market Trends : Steve's Channelling Thread

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To: mishedlo who wrote (15822)	5/15/2001 6:23:11 PM
From: Zeev Hed	Read Replies (5) of 30051

Actually, Mish, under the weak support at 2095, does not look good for the rest of the week. They will probably get the naz futures up by some 20/30 in the morning pre opening, but after that, I am not sure I want to see it. The semi equip are ready to fold, and INTC is acting quite sick here (unlike AMD, it should be a candidate as a long on th next swoon up, IMTO). Note how before the fed action th P/C (equities) got all the way to .88 or so, but by the end of the day, that was coming back to under .6. Zeev

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