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

To: Crimson Ghost who wrote (11602)	2/23/2001 11:39:59 AM
From: Zeev Hed	Read Replies (3) \| Respond to of 30051

George, it could very well be. The problem with these lines in the sand, they are going back close to three years, the invetors' psychology that established the 1998 range (1400/1900) is no longer there, with the 1999 "line in the sand (just under 2200 if memory serves) gone, other lines are difficult to determine. I'll assume that if we do not close above 2200 here (or at least the 2185 area), we are going straight to 1900. I'll let the market dictate the new "lines in the sand". Zeev In edit, CRA just "went" at $38.5 for $1.5, I'll try and get in again under $35 if this massacre continues until Tuesday or longer.