Steve's Channelling Thread Message Board

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Strategies & Market Trends : Steve's Channelling Thread

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To: anon who wrote (25187)	8/22/2001 5:49:39 PM
From: ajtj99	Read Replies (2) of 30051

Anon, based on what we saw late in the day today, I'd have to be in the short term bullish category. 1850 should provide a decent level of support, with 1810 or so below for further support. Above we have 1890, 1900, and 1934. I think we stop at 1934 if we go up, then drop to 1775. That leaves just a short bounce yet of 74 COMPX points. We either smash through 2-levels of support to reach 1775, which seems unlikely right now, or we muddy around for a while and attempt a run at the mid to high 1900 level, IMO.

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