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Strategies & Market Trends : Steve's Channelling Thread
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To: The Freep who wrote (19032)6/27/2001 5:30:29 PM
From: Zeev Hed  Read Replies (1) of 30051
 
If the 1973 level is not violated, the early July rally could then go all the way to 2388, there we'll have to see how it gets there, before designing a new scenario. If 1973 is violated, but we do ot go substantially under 1900, the target would depend on how negative do the sentiment indicators get on that decline. he early July rally is mostly projected right now as a liquidity induced bounce, not a run from a solid technical bottom.

Zeev
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