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Strategies & Market Trends : Steve's Channelling Thread
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To: Crimson Ghost who wrote (19494)6/30/2001 10:57:05 AM
From: Zeev Hed  Read Replies (1) of 30051
 
George, that has been my opinion since the early peak in late April, but so far it has not worked. I expected the Dow to go and test the 10250 area before the "Late June/early July" rally, it has not, but a lot of these are breaking down, like MRK. I expected IBM to break through the $110 area and it held. I still have us going below 10,000 on the Dow before the end of August, but once more, the turnips may be proven wrong.

Zeev
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