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


To: TREND1 who wrote (29397)10/3/2001 8:47:56 PM
From: Zeev Hed  Respond to of 30051
 
It is not just the WTC gap, it is also the April bottom which should provide overhead resistance, when called for the 1570 top of the first leg of this rally, I had the 1580 (old target low before the WTC disaster) as a possible bottom (actually, my number since May 22nd was 1600 plus/minus 20), thus now, that area becomes overhead resistance (using the box technique).

zeev



To: TREND1 who wrote (29397)10/3/2001 9:01:08 PM
From: Rich1  Read Replies (1) | Respond to of 30051
 
My comment is what does that mean....