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


To: MulhollandDrive who wrote (4609)8/23/2000 6:19:59 PM
From: Zeev Hed  Read Replies (3) | Respond to of 30051
 
bp, are you talking about the "local high" (around $27.5) or the all time high of $38.75?. I think that we have clear sailing to at least the $31/$32 area, and we have a good market, then $40 could very well be in the card. Today's action was perfect, holding above the prior resistance at $25. The small infraction intraday was for a very short time and volume came in (while the market was still swooning down) to get it above $25.

Zeev