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


To: TREND1 who wrote (23936)8/14/2001 10:31:13 AM
From: Nathan  Read Replies (1) | Respond to of 30051
 
Larry, just lurking here but aren't you a little worried about AMAT tonight? Will swing that up channel to down very quickly if bad??? Thoughts?



To: TREND1 who wrote (23936)8/14/2001 10:31:57 AM
From: Steve Lee  Read Replies (1) | Respond to of 30051
 
Now that MU has made a lower low than yesterday, wouldn't you say the upchannel is over?

Still got all my puts.



To: TREND1 who wrote (23936)8/14/2001 11:40:44 AM
From: Crimson Ghost  Read Replies (1) | Respond to of 30051
 
Larry:

That bearish MU stuff was from Sandspring Advisors. They have been very good on the markets this year and now see things very much as Zeev does -- namely the final big washout is yet to come.