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

To: mishedlo who wrote (19049)	6/27/2001 9:39:46 PM
From: Mark Johnson	Read Replies (2) \| Respond to of 30051

Zeev this...Zeev that.....Zeex help!!!!!!!!!...... Has anyone a backbone except me who posts on this thread...........

To: mishedlo who wrote (19049)	6/27/2001 9:49:38 PM
From: Mark Johnson	Read Replies (1) \| Respond to of 30051

I told you turds if we had a fed cut there would be a positive bias in the market...there still could be a knee-jerk sell off bringing us below 1950 or a sustainable rally bringing us to 2400.....That all depends whether there are more buyers than sellers or sellers than buyers...my advise is to be careful after you've been bold...sell on up days and buy on down days but not too down or up days always consult your tic and trin and change your shorts daily...

To: mishedlo who wrote (19049)	6/27/2001 9:52:04 PM
From: Zeev Hed	Respond to of 30051

I doubt the decimals had anything to do with that. By the way, the bothering divergence is really in the NYSE, not the Naz, the Naz trin/tic relationship is quite normal. One could try and interpret this as a rally mostly in the Naz and not the NYSE/Dow sector, but it is rare that the direction of these indices diverge for long, the absolute value can quite easily, the naz has been decimated while the DOW and NYSE have held quite well. I really do not know what to make of that divergence, I have not seen it so consistently for such a lengthy period (actually, on and off since the June 8th high or there about) before. Zeev