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

To: john rieck who wrote (3104)	7/11/2000 10:20:24 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 30051

I would say that close to 1000 points on the naz put us a good half way already through the "summer rally". I believe that continuation will be "signalled with a close above 4070, but frankly, I still expect fainting spells (spils) after that, after all, it is supposed to be a 'stealth" rally, namely, no one will notice it is here and what is better than to have a fake close above 4070 followed by a rebreach of 4000 to send everyone for cover just before we have a powerful 500 naz points move? Zeev