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


To: Crimson Ghost who wrote (17442)6/8/2001 3:41:54 PM
From: Zeev Hed  Read Replies (2) | Respond to of 30051
 
Yes George, a lot of them gave me a hard time as well, even in PM, I got many requests to change my scenario, but there were too many indicators, as I have posted here yesterday and today, indicating that this rally is distributive rather than consolidative. Of course, between here and the close we should get a small "spirited" short covering rally, but the action today inflicted solid damage to the bull case, IMTO.

Zeev