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

To: TREND1 who wrote (17593)	6/12/2001 9:51:32 AM
From: William B. Kohn	Read Replies (2) \| Respond to of 30051

Larry, You've been a valuable addition to this thread. Your lower low scenario seems in tact. We ought not fight the tape and right now, Zeev's bear suit probably is the best match for the current scenario. Over the past few days it appears to me that the most significant news was the announcement by a Texas Inst. executive that Europe slowdown is matching the US's and is out of phase by a number of months. The combination of both US and Europe stagnating is just now being factored into the markets. I don't believe that NOK will be the only across the pond company to dissappoint, just the first. Glad I'm 100 % in cash. Bill