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Strategies & Market Trends : Steve's Channelling Thread

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To: GREENLAW4-7 who wrote (15893)5/16/2001 8:25:50 PM
From: McNabb Brothers  Read Replies (2) of 30051
 
>>and looking at the DOW I would not be surprised if we will see the top of the DOW for the year in the next few days, if not today.<<

Why? We just broke out to the upside and new highs tend to be followed by even higher new highs! The DOW is the key and it will pull the NAZ higher now that we have broken thru the 11,000 I have been talking about for a few weeks now, but not to new all time highs in the NAZ for some time to come!

Hank
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