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

To: JRI who wrote (17479)	6/10/2001 12:06:42 AM
From: Zeev Hed	Respond to of 30051

JRI, your observation is one of the reasons I am negative on theNaz for the next two months and I see the period since April 20th as distributive (if you remember, I got a lot of heat for getting out then, and coming back only for few days late in May for another trial at these highs, which failed). In my discussion with Larry , I keep reminding him that without AMAT breaching $60, the whole semi sector will die, and if INTC breaches back under $30, this process may take place rapidly, IMTO. Zeev