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

To: Zeev Hed who wrote (24126)8/15/2001 4:29:45 PM
From: westpacific  Respond to of 30051
 
Zeev we will bounce and have a rally, just not now - watch for support around the levels listed.

Need to chart out the bounce potential this weekend and will post my thoughts on that here.

But right now is not the time to bottom fish, I see many oversold charts, but they have been oversold for weeks now.

Wait to enter, then load towards the targets given. We will not take out the April lows YET, the operative word is yet!

All the best

West



To: Zeev Hed who wrote (24126)8/15/2001 4:39:15 PM
From: vampire  Read Replies (1) | Respond to of 30051
 
Wouldn't you expect us to be about sideways at least for rest of this week as the "Powers That Be" keep us around max-pain for option expiration? (Which i believe we are around now)


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