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

To: mishedlo who wrote (19248)	6/28/2001 10:40:08 PM
From: ajtj99	Respond to of 30051

Mish, I'm thinking that gap up this AM may hold until we visit it on the way back down in a couple weeks (similar to the gap up from 1940 on the COMPX in April). I guess we'll see. We're not that far from it, but a gap up tomorrow AM will put it a bit farther away. I expect lots of upward mobility next week with the light holiday volume and heavy retail buying.

To: mishedlo who wrote (19248)	6/29/2001 12:18:50 AM
From: Jdaasoc	Read Replies (2) \| Respond to of 30051

M: a prayer of 1850 They I suggest that you become a very spiritual man in front of the real time charts. It will hard pressed to be at that price for more than 5 minutes at near open or 1/2 before close if at all. Since market is in 2nd year of being down at mid year, I would bet even money that we close 2001 higher than Friday's close. Meaning market will be up on average more than down in next six months. john