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Zeev Hed

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Zeev Hed

Re: federal reserves post# 196790

Saturday, 01/24/2004 9:20:43 AM

Saturday, January 24, 2004 9:20:43 AM

Post# of 704019
Actually, I have that bear suit on since January 8 at 2100 on the Naz, then expecting a 100 or so Naz decline, since then it has become more entrenched, by 1/14 the turnips indicated that the coalescence model is in force with a top no higher than 2163 and a decline under 1900 lasting possibly till mid to late March (as per #msg-2000425 from 12/25/03) . As you can see more than two weeks later we are still above 2100, so that 1/8 call was at least two weeks too early and may still be proven to be a bad call. However, I don't think it is time yet to apologize for it, since many of the snorters I have been playing with are indeed much lower today than they were two weeks ago.

AZH

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