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Strategies & Market Trends : Steve's Channelling Thread

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To: TREND1 who wrote (17541)	6/11/2001 2:47:18 PM
From: Zeev Hed	Read Replies (1) of 30051

Just be careful of Mr. Whipsaw. After a short foray to exploit the daily pattern of a local bottom before lunch and better price between 1:00 and 2:00 PM, I am back mostly in cash. I must say, that forray was less than a big success. Nevertheless, it added a little to the "kitty". I for one, think that sometime in the next 15 minutes or so, we are going to trend down again, and by the end of the day, 2150 will be breached and we should be on our way to your holy grail at 2078 (and my "forecast" of under 2050 before triple witching). Zeev

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