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

To: Bosco who wrote (5779)	10/2/2000 5:38:51 PM
From: steve susko	Read Replies (1) \| Respond to of 30051

on the other hand, they may let it fall to pieces so that the blame light with fall on Gore and George, so they will be spotlighted to provide answer in the evening debate.

To: Bosco who wrote (5779)	10/2/2000 8:10:39 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

Well, I won't be in during the morning, and apart of few orders under the market, it is probably a good thing, since I feel a lot of bargains are going to be "presented" and these maybecome even mor "bargainous" later. We do have money flowing into the NYSE as the Trend there (at .64) indicates, and the very small decline in the S&P, but I feel the naz will sing its own tune, and it will be an ugly one, IMHO. Luckily, I took most chips of the table (including the bu$$ which then proceeded to "rock and roll"). I still think however, that short of a major license here or a court case win, the bu$$ is going back to test the high $70', maybe even a swoon to just under $76. That is where my GTC is on the bus. We got one tick reading under -1100, if in the morning we can get real beaten like -1350 and then rverse with the trend going well under 1.00, I may turn bullish again, until then, a weak rally will not be a good sign, IMHO. Zeev