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: Mike M who wrote (22958)	8/5/2001 8:50:42 AM
From: Zeev Hed	Read Replies (2) \| Respond to of 30051

Mike, I think that he calls for a ally here and a bottom falling out next year. For the "here" he has "anytime now", while I have anytime after we test the April bottom (either later this month or after a swoon down in October), as for the rally, I have it topping anytime between April and July next year, so I think that in this respect, we are quite similar. I just think that from the bottom, the rally will be much more than 10% to 20%, I think the Naz could make a 50% rush from the "breakout area", which I believe is in the 2500 or so area (everything we do now between 1600 and 2300, I consider a "basing exercise"<g>), that is why I have the 3800 area on the naz as a target high for next year. The 4200 top "boundary" is derived from an overshoot as well as suggested by last year's summer's high in the 4300 area. Zeev