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


To: Zeev Hed who wrote (29300)10/3/2001 12:42:59 AM
From: Mike M  Read Replies (3) | Respond to of 30051
 
Plenty of doubters aren't there...The last hundred points on the NAZ was pretty much done without any help from the semis...Why not another 70 or so....?

Frankly, I would prefer not to see a gap up tomorrow.



To: Zeev Hed who wrote (29300)10/3/2001 2:51:00 AM
From: TREND1  Respond to of 30051
 
Zeev
A Nasdaq close above 1555.08 would produce a "3 Line Break" buy signal. The sell signal was July 10, 2001.

Find it interesting you picked 1550-75 number as resistance.

Larry Dudash



To: Zeev Hed who wrote (29300)10/3/2001 6:56:16 AM
From: Justa Werkenstiff  Respond to of 30051
 
Zeev: Re: "I thought I made the "bullish case" quite clear, and just because West think this is absolute lunacy, does not "make it so" (g)."

Yes, the case was clear to me at least <g> but things changed since you made the case. Sox is sad. Looks to be going to next minor support at 320. That suggests a 10% move:

stockcharts.com[w,a]wallyymy[d2][pb50!b200!a420!a380!a200!a300!a320][vc60][iUb14!La12,26,9]

Overall Nasdaq market has held up in face of Sox but that thing is a drag. Must turn up before we go to 1550/1570 IMO.



To: Zeev Hed who wrote (29300)10/3/2001 12:33:24 PM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 30051
 
Zeev: Excellent call on the Nasdaq.



To: Zeev Hed who wrote (29300)10/3/2001 12:40:19 PM
From: stockmarket14  Read Replies (3) | Respond to of 30051
 
Zeev: You stated "I do not think we will see prices under 1425 until December ...." last night. Does you suggest the revisit of the low 1425 in Dec. will be due to another round of profit warning for 4Q? I thought majority of the investors have already writted off 4Q since Sept. 11 terrorist attack and are looking beyond 4Q 2001 for recovery.