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


To: Les H who wrote (18398)6/20/2001 2:42:48 PM
From: Justa Werkenstiff  Read Replies (2) | Respond to of 30051
 
Sox broke down early this morning. Could sport a new trading range for short term while it waits for more warnings. Positive BTB spin could help that cause.

NDX is showing great relative strength today. Warnings in Sox land did not take it down. Continued telecom crushing did not take it down. I smell an oversold rally into Fed. meeting. It might not be pretty and it may not be much. Any good news will do the trick.

Who is up to warn tonight <g>?