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

To: Zeev Hed who wrote (29298)	10/2/2001 9:03:24 PM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 30051

Zeev: Still think we will see 1550/1570 on the Nasdaq before the retrace? I think we need a gap up tomorrow for that to occur. Hard to imagine with the Sox providing dead weight. But one could argue a ascending triangle on the Nasdaq I suppose if one was bullish. Or one could argue a symetrical triangle if one were bearish. Anyway, if the market does turn before we get to mid-upper 1500s, it looks like the lows will be retested. What is your take?