Steve's Channelling Thread Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Steve's Channelling Thread

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Zeev Hed who wrote (24592)	8/17/2001 10:15:14 PM
From: westpacific	Read Replies (1) of 30051

No Zeev, covered a lot today, holding a basket of select ones that technicals dictate. And believe me it is an odd lot that never gets talked about and non tech in nature. I am a trader first and when you have 5, 6, or more points in a short you take it - pigs get slaughtered. I trade individual charts, covered the ones that called for it and actually added new ones today that just topped today. I am only calling for a flush sometime next week. Then we rally for the next cycle. And have not plotted that yet but will this weekend. Agree that what I call for my not occur, but think it will and it will be quick panic flush with an upside rally on the back of it. News all over tonight was very negative on market, we do not rally just because we are oversold - this means nothing in a bear market. Panic could set in next week for the final near term bottom I see. It is not so much on NAS but more so on DOW. I only see maybe 100 or 150 more potential downside on NAS. All the best West

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next