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


To: Crimson Ghost who wrote (16728)5/29/2001 2:38:11 PM
From: Zeev Hed  Respond to of 30051
 
What do you call that, George, "agreeable disagreement"? Gold just broke $275, which some people feel might be a sign that the recent move is negated. As for Sandspring, happy to see them joining the turnips. I just think that today we "overdid" it a little, I had the beginning of this decline much milder than what we had. I still expect the Dow to attempt to close at least above 11,000 so as not to "ruffle" too many bullish feathers. I had acceleration of the move into the second or third week in June and then a reflex rally into FOMC going up until just after the 4th of July, before we go down really hard (namely under 1850, which is my target low for the June low).

Zeev