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

To: Mike M who wrote (14996)	4/24/2001 6:04:31 PM
From: Zeev Hed	Read Replies (4) \| Respond to of 30051

May 9th is early in the month, in order to prep the market for a real decline later this summer, we may even have to make a marginal new recovery high late in May, maybe this time to 2250 or even 2388 (doubtful on that one), otherwise, everyone will know that is just a bear market rally, a new recovery high will tag it as a new bull move, throwing caution to the winds, and that is when the "houses" will unload on the unsuspecting investors their excess inventory. They just gave us that lesson on AMAT and NVLS last week (g). Zeev