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

To: JACK R. SMITH JR. who wrote (18136)6/15/2001 11:27:41 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
Jack, regards and welcome to our modest abode. No dirts on this thread (g). As for the coming two weeks, you could describe a decline of 200 Naz points as a mild slow decline, and I agree with you that the likelihood of a black Monday is not high, particularly not immediately after a triple witching. But later next week, i think the decline will accelerate.

Zeev



To: JACK R. SMITH JR. who wrote (18136)6/16/2001 11:51:59 AM
From: Mike M  Respond to of 30051
 
Frankly I doubt the description of distribution from strong hands to weak hands is appropriate. Particularly if you are correct that we are nearing a bottom for this wave.

Perhaps we are distributing from weak hands to weak if one sees the cup half empty...


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