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


To: Bosco who wrote (1392)5/3/2000 1:36:00 PM
From: Zeev Hed  Read Replies (2) | Respond to of 30051
 
Sorry guys for my absence, but since I have stated I am staying out of this market, I just used the time to address other burning tasks. Since I make money only on the long side, today (and yesterday) was not going to be a "money making" day, so I decided to do address some other money making activities (VBG).

I see you guys are managing pretty well without me.

We sgould see a little bounce from the 3650 area (give or take few points), but once this is taken, we will continue down as per the plan (somewhere under 3000 before the 18th of May.

If we get any rally accompanied with a tick of 1000 or more, that should be a strong reversal indication, two days in a row of such a tick would signal a bottom, IMHO.

Zeev

Zeev