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

To: Zeev Hed who wrote (18724)6/25/2001 12:10:35 PM
From: traderjml  Respond to of 30051
 
i am new to posting here, but i have followed the board for a few months. Thanks Zeev for a great look at the market.

Did you notice the put/call ratio today, Lots of call buying even from the index buyers. Does this add to your view that we head down this week?

Jason



To: Zeev Hed who wrote (18724)6/25/2001 12:43:03 PM
From: michel petit  Respond to of 30051
 
AMGN,BGEN,IDPH all down since last week.
Biotech stocks are lethargic.



To: Zeev Hed who wrote (18724)6/25/2001 1:18:35 PM
From: Alastair McIntosh  Read Replies (1) | Respond to of 30051
 
Zeev, thoughts on QLTI? I nibbled a bit here.

Al



To: Zeev Hed who wrote (18724)6/25/2001 1:23:01 PM
From: Jdaasoc  Respond to of 30051
 
Zeev:
it is better to simply step aside.

I am hard pressed to believe that market will collaspe downward without even a wimper of an upleg around rate cut. Last time around it took next day for market to react.

Bonds up today so market may appear to be ever so slightly leaning to 25 pt cut.

john


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