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


To: U.B. Green who wrote (5201)9/18/2000 2:24:58 PM
From: Zeev Hed  Respond to of 30051
 
Well, I am back and just got back into MVIS at $37.5, just my luck that I am back near the current bottom on this one. There is major support in the $35/$37 area, IMHO.

As for the market, don't rush at once, I have seen a string of -1000 ticks before the turn. I think there is still a chance of going all the way to 3550, so I would say, wait until you see the white of the MM's eyes. Once we turn however, we should have most everything in place for a very good rally, IMHO.

Zeev