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

To: William B. Kohn who wrote (17104)	6/5/2001 1:20:45 PM
From: ajtj99	Respond to of 30051

The TRINQ just turned again, so it appears the Nasdaq will move down a little now. How much, I don't know. I believe we'll at least get back down to near 2200 by the end of the day. Those pulling the strings will try to keep us up, however. It will be intersting to see if the SOXX closes above 640. It is now above 650. If the SOXX closes above 640 and the Nasdaq above 2208, I think it puts a drop below 2057 temporarily on hold.