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

To: Rich1 who wrote (23344)	8/8/2001 2:07:20 PM
From: Jdaasoc	Read Replies (1) \| Respond to of 30051

Any support levels for S&P below 1205 that we may reach in next day or two. Since Merrill and AJC delayed normal trading range behaviour with the artificial bullish statements so we just may have to play a little fast catch up to the down side now. Me thinks 1185 will be reached soon with possible lows to 1165 before turning stablising ANy NDX levels come to mind or words of wisdom from your cycle guy. I am stocked with short AUG equity calls NVDA BRCD CREE nad VRTS that will need some combinations with short PUTs when this thing settles out at lower levels. john