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


To: Zeev Hed who wrote (18042)6/14/2001 9:37:43 PM
From: Alex MG  Read Replies (1) | Respond to of 30051
 
Zeev, with the way the markets closed at their lows and the JDSU and other warnings I would think it would be the opposite... a down opening and maybe test of Naz 2000, then a bounce. Why would you expect a "mark em up" opening?... Of course it also depends on possible news events.



To: Zeev Hed who wrote (18042)6/14/2001 9:44:51 PM
From: m1o2n3i4c5k6  Respond to of 30051
 
Thank you. Based on your findings, I am going into the worry bead business and my first offer will be at half off.
Appreciate your kindness.



To: Zeev Hed who wrote (18042)6/14/2001 10:00:11 PM
From: m1o2n3i4c5k6  Respond to of 30051
 
Follow up. Sounds like I should take my whippin' and move on.
Good luck.



To: Zeev Hed who wrote (18042)6/14/2001 10:39:39 PM
From: ajtj99  Read Replies (1) | Respond to of 30051
 
Zeev, the way you're talking we won't get better than a 50% Fib on the drop yesterday, let alone the drop from 2187.

How do you reconcile that scenario with a 2105 high for the day? I know it's Triple Witching, but you're talking four 3% swings in this tight market, unless the rally before lunch is your rally to 2105.



To: Zeev Hed who wrote (18042)6/18/2001 5:01:01 PM
From: m1o2n3i4c5k6  Respond to of 30051
 
Zeev, just wanted to thank you. Based on your vision, I turned bearish again this morning. I don't know what brand of tea leaves you buy but they are a bargain. Your predictions seem to be close enough to the target that you could ask Greenspan for part time work.