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

To: Zeev Hed who wrote (15895)	5/16/2001 6:35:15 PM
From: GREENLAW4-7	Respond to of 30051

Thanks ZEEF!

To: Zeev Hed who wrote (15895)	5/16/2001 7:53:40 PM
From: Rich1	Respond to of 30051

Well we busted through the 1278 SPX my cycle guy calls the time to get bullish and we never breached the 1243 on a close even though we got down to 1241.50 intraday... Zeev we are going higher maybe not in a straight line as you say but a year from now with 5 rate cuts and 2 1/2 points under the belt we will be much higher...IMHO...

To: Zeev Hed who wrote (15895)	5/16/2001 8:01:19 PM
From: Mark Johnson	Respond to of 30051

<<Mind you, I have not abandoned the basic thesis that we are going to be in a lengthy period where the indices are "range bound" (I have 6000 to 13500 on the dow and 1400 to 5300 on the naz)>>> This statement had me falling off my chair laughing, the accuracy is uncanny.....Watch the "lapdogs" lap it up.......LOL........

To: Zeev Hed who wrote (15895)	5/17/2001 1:25:56 AM
From: TREND1	Read Replies (2) \| Respond to of 30051

Zeev: A "Normal Market" would trend down ward for the next two days to options exp on Friday's close. Larry Dudash

To: Zeev Hed who wrote (15895)	5/17/2001 6:27:04 AM
From: Rick Storm	Read Replies (1) \| Respond to of 30051

Zeev, I am not sure what you mean by a retrenchment after a very hi tic-- do you mean sideways action for a short rime or a price drop and another high tic rise to confirm trend change; when you say consecutive, what sequence are you looking at, thank you-- r s