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

To: orkrious who wrote (5185)	9/18/2000 10:13:17 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

Jay, I would assign a probability of less than 25%. I think that we are going to get a bear market rally in the Asian markets sometime this week, and that will relieve the pressure on the tech stocks. Later on, however, the Asian bear may develop into a ne Asian flu (as I have warned on this thread few times already in the last two months) and that may serve as another excuse for our own bear market to evolve. Right now, if you look at most stocks I have been long here, they are actually not doing too bad this morning (look at NVLS flying, any one has a reason for that?). QCOM is not doing too bad either, bt I expect the gap at $66 to close, so I am not jumping in yet. I will not be in most of the day 9and tomorrow) so good luck to all. Zeev Zeev