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


To: orkrious who wrote (9723)1/3/2001 2:43:44 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
Well, we may not get a new low under today's intraday's low of 2250, until late February, and maybe not under this low. Right now, with such a strong statement from the fed and very strong ticks reading both in the naz and the NYSE, you got to change the outlook to very positive. Buy the dips will come back into fashion, IMTO. We'll have to see how the two dritical areas of 2850 and 3050 or so are handled and the appearance or not of -1000 ticks on the Naz.

Zeev