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


To: ajtj99 who wrote (21296)7/23/2001 8:50:14 PM
From: Zeev Hed  Read Replies (3) | Respond to of 30051
 
Thanks, aj, it really looked doubtful last night with the futures down sharply and the Nikkei dropping to a 16 years closing low, yet those manipulators know how to use the futures to their advantage, and the premarket is so thin, it allows them to manipulate it to their advantage. I expect a similar scenario tomorrow as well. That lunch hour bounce continues to work, not as much (most of my gains on that tactic today were "fractional"), as earlier, yet it is the right direction. The fact that the lunch bounce could not even go to the 2020 area is not a very good sign for the bulls. I won't be in in the morning, so I may miss the morning lows for reentry. I have few outrageous bids for my absence (like in MERQ, BEAS and GMST), but that is about it.

Zeev



To: ajtj99 who wrote (21296)7/23/2001 11:09:11 PM
From: Mike M  Read Replies (1) | Respond to of 30051
 
That's nothing aj...Back in the old neighborhood the folks next door had a chimpanzee that was so smart they thought he could go to college. Sure enough they applied for him. He scored well on the SAT's and was accepted at a small midwestern college...After graduation he took a job on the studios and did a few flicks for Clint Eastwood. Clyde was so versatile that some thought he was an orangutan, but, no, he was just a chimp off the old block.

Pass the medication, I've been out since Friday. <gg>