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Strategies & Market Trends : Steve's Channelling Thread

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To: orkrious who wrote (17280)6/7/2001 3:58:21 PM
From: Zeev Hed  Read Replies (1) of 30051
 
No, no change, despite the Larry trying to persuade me that we have entered a new era. This whole rally has been on low volume, bad A/d and even today when breaching 2250, we had only 1.45 B on the Naz, to me, it looks like a big lengthy painting. Take out the 2388 or get the volume above 2 B and I'll reconsider a new set of turnips.

Zeev

In edit, there must have been some heavy delayed "sell on the news" on CDTS, it closed down more than a buck from its high. Luckily, I got out in time. If it drops back to the low $5, I may try for another trip.
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