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

To: GTC Trader who wrote (21655)	7/26/2001 3:17:01 PM
From: Steve Lee	Read Replies (1) \| Respond to of 30051

For resistance on MU, I am watching the descending upper channel boundary as resistance - and it has not yet been broken. Draw a line across the tops of the highs of Apr 18, Jun 7 & Jul 3 and it means we have to go above about 41 today for a breakout. That is where I will have to think about covering my short.

To: GTC Trader who wrote (21655)	7/26/2001 4:04:53 PM
From: GTC Trader	Read Replies (1) \| Respond to of 30051

<< My guess is that 2025 contains this irrational exuberance, BWDIK. >> Wrong! You were overly bearish! Nazzy hit 2025.88, shattering your 2025 resistance by almost a full point! Let's see if tomorrow stays under 2025 or runs to 2078 before the drop next week to "the teens" (19xx). Your #1 (and only fan) - gtc P.S. Until I get my own stalker, I will have to settle for an imaginary friend. P.P.S. Me, too !!! : ' ) P.P.P.S. Is this Pride before the fall ... below 2000 ??? 8 - )