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


To: Bosco who wrote (5830)10/4/2000 12:22:32 PM
From: Zeev Hed  Respond to of 30051
 
Bosco, you could be right, but I would still would like to see better readings (under.50?) in the Naz trend. It got to .64, not too bad, but not "outstanding" either. Maybe we will have a "slow turn" and a stealth rally. If we do, I do not expect that rally to have real legs, and would consider it just a DCB to remove some of the "oversold conditions".

Zeev