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

To: mishedlo who wrote (4213)	8/10/2000 12:37:22 PM
From: Logain Ablar	Read Replies (2) \| Respond to of 30051

M: Low volumn means no buyers. Stocks always drop on low volumn until they reach a point where buyers step to the plate. The MM's have to keep lowering price until a bid comes in. I don't really follow RMBS as a trading vehicle. Zeev has posted some resistance / breakout points. Remember these change every day as the ema's have another day to add and drop off. I won't be a buyer today unless SOXX & NAZ rally (and since I'm leaving in a few minutes I'll miss participating in this afternoons action, one way or another). The stocks I'm interested are those I posted yesterday. Tim