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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (19637)	7/3/2001 11:03:09 AM
From: Rashid Garuba	Read Replies (2) of 30051

Zeev.. have to differ on this.. Me thinks markets tired here.. resistance areas close at hand also.. Using this mornings run-up to short.. tenlights.com That red line took some doing to break down through, so I doubt it cab be convincingly broken first time. we've been heading up almost 2 weeks.. risk/reward looks skewed against going long.. At best there is a multi-day struggle here just under 2200.. 1/2 trading day not reliable.. all IMO of course.. Rashid

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