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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (29323)	10/3/2001 11:38:11 AM
From: Jdaasoc	Read Replies (1) of 30051

Zeev: Look at NYSE tick chart. Looks like 5 yr olds penmanship exercise. Majority of action is institutional not individuals. I slowly selling and I mean slowly selling long positions into rally. Fundamentals of corporate earnings not getting any better. S&P barely unchanged its software stocks rallying today. You estimated $100 B damage to economy from WTC NYC asking for another $20B in aid today. Either that indicates more fallout or a lot of chutzpah. john

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