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

To: Zeev Hed who wrote (5314)	9/20/2000 6:42:15 PM
From: Logain Ablar	Respond to of 30051

Zeev: The NAZ has rebounded well over the past two days and is looking better technically. Today was a nice test with a good close. Now the DOW has had some technical damage and it needs to close tomorrow (I always like the two day close or its just the MM's whip sawing investors to maximize their revenue) over 10,750 area. Underlying the DOW the NYSE stocks have also had some technical damage and warning flags are up all over. The PnF NYSEBP has not reversed to O's yet. If it does I'll go all cash. The risk would be too high. Tim