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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (28980)9/27/2001 9:07:24 PM
From: westpacific  Read Replies (2) of 30051
 
Tell you capitulation will mean a VIX of 60 to 80, we did not get that. We did spike, but that was all that was, that was not capitulation.

The NAS, tested no serious channel bottom, nor did the DOW.

We may still get my targets, then I see the bounce, but it is not here.

We shall see, but so far I have been ON THE MONEY.

If we see 7747 on DOW, that will give us capitulation. Maybe next week on this next takedown.

All the best

West
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