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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (16735)5/29/2001 9:21:59 PM
From: Justa Werkenstiff  Read Replies (1) of 30051
 
Zeev: Re "I have deployed only some 8% (to about 44% cash) very mild and really in expectation of a small rally just above 2200."

I have a call into INTC tonight to have them reiterate their cap ex tomorrow during trading. This will put us above 2200 with ease <VBG>.

Bounce should come in at some juncture but the question is where. Gap up in VXN indicates change in trend. And there are more and more charts that indicate breakdowns for individual issues..
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