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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lee who wrote (173)2/10/2000 7:23:00 PM
From: Zeev Hed  Respond to of 30051
 
The failure of the DOW to hold the late January low of 10729 indicates to me that more rocky times are ahead, and while the NAZ has made a very nice new high, this divergence cannot continue unabated, and thus I would expect some retrenchment of the MAZ back to the lows set late in January. I think that if the all time high is not breached, you should have an opportunity to cover almost unscathed. Just my opinion, however.

Zeev


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