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


To: vampire who wrote (6943)10/30/2000 1:03:22 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
We surely have a dichotomy in this market, but we had no capitulation, so I got to stay heavy in cash and continue the "short raids" tactic. Thus I sold that SNDK bought earlier, for a measly $.875 gain (sold at $49-7/16). I'll try and reenter. SCMR might have found a bottom, or maybe not. Right now I cannot access Yahoo, so I have no idea what extreme reading we got on the tic nor trin.

Zeev



To: vampire who wrote (6943)10/30/2000 1:19:44 PM
From: SBHX  Read Replies (1) | Respond to of 30051
 
Metsin6,

I was just wondering where a true bottom for nasdaq is.

Perhaps this is it, or perhaps the moves this year are just preambles to the main event.

SbH