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

To: Rich1 who wrote (5323)	9/20/2000 9:46:00 PM
From: Paul A	Read Replies (2) \| Respond to of 30051

Rich I couldnt agree with you more.. The market cant really be 'called' right now and any aside from short term trading, its almost impossible to play these whipsaws in a traditional way.. The nasdaq once again had an excuse to sell off big time today.. I must admit im shocked it rebounded, but it makes me firmly believe that there really isnt much you can do here other than gamble.. That said- I think the nasdaq is due for a 2-300 point gain this week or next.. Sound crazy? Welp, lets say that its either going down down down with the dow or it will break above 4000 and move on its own.. I could care a less about diamond breaks, and this and that.. The dow has afforded the nasdaq every opportunity to collapse.. so why is it not happening? ... heres where it shuts me up and tanks at the open.. Currency is stabilizing finally.. Futures reflect that.. Just wonder what surprise we see at the open? Zeeve- tell me im crazy with my 2-300 point naz prediction.. and keep in mind that 80% of my trades are on the short side.. :)