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

To: Zeev Hed who wrote (8610)	12/5/2000 9:47:25 PM
From: Mark Johnson	Respond to of 30051

Zeevster.....out of the market today??? Yahoo news says: "the Nasdaq leapt to its largest single-day percentage gain-- and point gain-- ever"......EVER.....!!.... and you're on the sidelines....a lot of your lapdogs sat out today because you weren't throwin' bones this A.M.......Fine market timer you are.....LOL

To: Zeev Hed who wrote (8610)	12/5/2000 10:09:48 PM
From: Rich1	Respond to of 30051

Well Zeev unless we take out todays high within the first hour or so you may be right about this high..Which would make me sell m trading postions..If we soemhow gap this run may have another day or so.. But my cycleguy thinks next low the 8th/11th .hopefully only 50 percent retracement from high to last thursdays low and then higher from there..Maybe till the 13/15th...

To: Zeev Hed who wrote (8610)	12/5/2000 10:10:37 PM
From: Rich1	Read Replies (2) \| Respond to of 30051

Well Zeev unless we take out todays high within the first hour or so you may be right about this high..Which would make me sell my trading postions..If we somehow gap up in the morning this run may have another day or so.. But my cycleguy thinks next low the 8th/11th .hopefully only 50 percent retracement from high to last thursdays low and then higher from there..Maybe till the 13/15th...