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


To: D.B. Cooper who wrote (4969)9/9/2000 7:49:35 PM
From: Denice  Respond to of 30051
 
Message 14326363



To: D.B. Cooper who wrote (4969)9/10/2000 10:27:30 AM
From: Zeev Hed  Read Replies (2) | Respond to of 30051
 
PH, maybe this is the post you are looking for:

Message 14243770

So far we have almost reached that 4270 mentioned in that post. On September 1st, I mentioned that I expected a peak while I was away, well, and a bottom before the middle of the month. It turned out that the turnips missed that peak by a day (it started down on Tuesday and followed the rest of the week). Because this decline had been quite fast and rapid (more than I expected), there might now be two possible scenarios, if we hold the low 3900, then that is where the bottom will be and we resume the rally, if we breach, then the middle of September is still operative, but the decline will be more severe than I expected (maybe to the 3550 or so on the Naz).

Zeev