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


To: TREND1 who wrote (22761)8/2/2001 7:18:46 PM
From: anon  Respond to of 30051
 
Hi Larry,
I think you're right about the risk factor at this stage of the rally. People are loading up on calls looking for this rally to extend..

Q= Zeev's quintet (BRCD, BRCM, QLGC, EMLX and JNPR)

I'm just going to buy the Q for a trade at the morning low tomorrow since i think we will move upward from that low to about 1- 2:15 with a one hour reaction in between. I reserve the right to change my mind tomorrow depending on how strong we move down in the morning -g-



To: TREND1 who wrote (22761)8/2/2001 7:35:49 PM
From: TREND1  Respond to of 30051
 
The "mother of all channels"
Nasdaq Monthly 1985-2001

Also the Nasdaq with the "GREEN BOX"
(Note: GREEN BOX was drawn before any price action entered)

Those who have followed me for years have seen these
many times before.

geocities.com

Larry Dudash