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

To: mishedlo who wrote (10558)	1/25/2001 7:55:44 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

First, I am not sure they agree it is a miss, the Dow is behaving quite fine. But as for the Naz and the Dow, I think that they will both sink hard in February, this part has not changed, since, I believe, last April. The next three trading days is a mystery to me as well, if we sink hard tomorrow, then the FOMC meeting will not provide much of an intermediary relief (unless they cut more than .5%). I am working under the assumption that after a weak opening we stabilize and move to close higher on the day, and then we have a mild up day Monday as well. Zeev