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

To: cellhigh who wrote (2918)6/30/2000 11:48:31 AM
From: Logain Ablar  Read Replies (1) | Respond to of 30051
 
DOW & S&P flirted with supports this am. Dow bounced.

Looks like we are having rotation into the techs. NAZ flirted with the break yesterday but is moving to the higher end. Needs to break thru 4,075ish to signal the all clear.

If the DOW breaks too much the NAZ will follow like back in March. In this whipsaw market I don't know whether we'll have a summer rally, summer dolldrums or summer crash.

If SSTI is any indication only great earnings will do.

Tim



To: cellhigh who wrote (2918)6/30/2000 2:32:59 PM
From: cellhigh  Respond to of 30051
 
oh well stopped out of qcom.that should teach me about selling winners to buy dogs.
thought she would hold at 60(still mat but im out)no support till 50.selling rmbs@114 buying it back@102 should ease the pain though(i hope)...rizz


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