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

To: Zeev Hed who wrote (23201)8/7/2001 2:24:17 PM
From: golfnut777  Read Replies (1) | Respond to of 30051
 
Zeev, 400 for the SOX is a 33% percent drop from here. Everyone knows the SOX leads the NASDAQ. That would translate into a 700 point drop on the NASDAQ (sub 1400).

On what basis are you calling for a crash like this ? I believe you were also calling for 1800-1850 in the last week or so and the market proceeded in the opposite direction. Your track record seems to need some work.


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