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

To: Zeev Hed who wrote (12817)	3/14/2001 4:18:22 PM
From: Mike M	Read Replies (1) \| Respond to of 30051

Zeev, what is your take on market action today? It would appear to me that the NAZ test came a little earlier than you thought it might. I would hope that we have had the test and that we are unlikely to see too much more probing to the downside, but, until the DOW selling subsides, my guess is that it will be difficult to declare this a NAZ rally. 9895 was the DOW print low today. Wouldn't expect it to tumble much further in the short term. But, we are facing a bigger sell off somewhere down the road... Regards.