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


To: TRINDY who wrote (25150)8/22/2001 1:37:10 PM
From: westpacific  Read Replies (2) | Respond to of 30051
 
Trindy, I will play longs and the bounce, we will have a few yet and we will have small ones like Monday and today to relieve the oversold condition.

Looks for 9636 on DOW, 1700 ish on NAS (it could spike to 1614), 1080 to 1100 on SP

Also look for 470 on SOX, 31 on VIX, also key to confirm is 2748 on TRAN.

Then we have massive snap back rally - if we get the above numbers start going long as we near those levels.

OK

This is just my opinion, no one can call market, but these are technicals I see shaping up here.

All the best

West