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


To: Crimson Ghost who wrote (29106)9/28/2001 7:52:59 PM
From: Zeev Hed  Read Replies (2) | Respond to of 30051
 
How was the naz action bad George. Not that I do no expect a possible weakness early Monday, but by the afternoon, I think it will dissipate. I still have the 1550/70 as the high for next week before we take a slight relief to release some overbought states. I would expect that the market should have a local peak by Wednesday afternoon, latest Thursday. Then we should resume the ascent in the weak after that, albeit much more slower for few more weeks.

Zeev