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: Jerry Olson who wrote (24338)	8/16/2001 9:45:04 PM
From: Zeev Hed	Read Replies (4) \| Respond to of 30051

Jerry, I think we are on opposing sides here, I believe that after the Fed's, whatever they decide we go down, and hard. We may have a slight upward bias into the FOMC (I have suggested 1973 as the top), but whether the fFOMC gives us .25% or .5%, the market reaction would not be good as I explained in a prior post today. Taking this in conjunction with yesterday's breach of a triple bottom at the 1925/40 area in the Naz (and the first major breach under 1900 since April 10th, or more than four months, ), I would say that the die is cast and next week will see a fast and murderous decline. Zeev