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

To: Zeev Hed who wrote (17927)	6/14/2001 1:11:48 PM
From: captain_midnite	Read Replies (1) \| Respond to of 30051

Zeev, I usually get the parlance and nomenclature, even most of the acronyms...but "LG"? Sedate minds want to know... midnite

To: Zeev Hed who wrote (17927)	6/14/2001 1:42:00 PM
From: Jdaasoc	Read Replies (1) \| Respond to of 30051

Zeev: I do not see measurable bounce. The keep watching BKX bank index and it has breached not only 30 MA on MOnday but 50 day by yesterday's close. I see to many worries about debt writeoffs. I would have expected some rotation from financials into techs but that in not in the cards this time. They all going to go down this time. I agree totally with you about breaching these levels but I think they will come either sooner or steeper than one would imagine. john