Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Zeev Hed who wrote (22739)	8/2/2001 4:49:38 PM
From: JRI	Respond to of 30051

Sorry Zeev, I missed that...thanks..eom

To: Zeev Hed who wrote (22739)	8/2/2001 5:08:28 PM
From: Mike M	Read Replies (2) \| Respond to of 30051

Hm....must not have been a real critical number after all. If it were then the bulls and bears would have all spent bullets wrestling over it. After all, for volume, you have to have both buyers and sellers. Interesting to see every one of your listed channelling stocks up today, with the exception of REFR, on a negative technical day.

To: Zeev Hed who wrote (22739)	8/2/2001 10:20:32 PM
From: Rick Storm	Read Replies (1) \| Respond to of 30051

Zeev, dont you think the unemployment numbers tomorrow will make or break this rally-- if the consensus of 4.6% is beaten then dont you think we could over a few days breach 2150-- what is is puzzling if the rally is real is the bland put call numbers and the vix and vxn which have not come to the top of their bollinger channel; this suggests to me that these contrary indicators may have lost their predictive power due to the prolonged tight trading range in recent months; and a break up ; atleast a bear rally till valuations once again become an issue, can easily occur with no negative consensus in place.