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Strategies & Market Trends : Steve's Channelling Thread
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To: TREND1 who wrote (18593)6/22/2001 11:45:40 AM
From: Zeev Hed  Read Replies (1) of 30051
 
Yes, i see it and it is as expected. I suggested that the BTB (if increased which it did) will be, wrongly, IMTO, interpreted as a bottoming process, and the sox will start a rally which will be sold, it did. I decided not to play it, because I could not gauge the impact of the MU earnings in conjunction with the BTB. Sometimes, it is best to stay on the side lines.

Zeev
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