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


To: Zeev Hed who wrote (19098)6/28/2001 9:56:19 AM
From: TREND1  Read Replies (2) | Respond to of 30051
 
Zeev and all
Very interesting.
Nasdaq (two channel lines and 50DMA) converging.

geocities.com

Larry Dudash



To: Zeev Hed who wrote (19098)6/28/2001 9:58:01 AM
From: Jeff Guy  Read Replies (2) | Respond to of 30051
 
Zeev, something seems to be up with ELON. Breaking out today on no news, and has been strong all week.



To: Zeev Hed who wrote (19098)6/28/2001 10:02:50 AM
From: Rich1  Respond to of 30051
 
Looks like the low was yesterday right after the FED announcement..
I mentioned last week too many folks thought we were going down...
Setting up a short squeeze on any good news..



To: Zeev Hed who wrote (19098)6/28/2001 3:56:40 PM
From: GTC Trader  Read Replies (1) | Respond to of 30051
 
<< a close above 2078, and right now, at least, it seems "in the pocket" >>

Zeev,

A couple days ago, didn't you add an arbitrary padding and say we needed a close above 2105 to turn bullish?

Yes, we will close above 2078 today, and probably over 2105, but with five minutes left, there may be a chance to close closer to 2100.

Would a close under 2105 today soften your bullish stance?

TIA - gtc