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Post# of 704019
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Zeev Hed

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Zeev Hed

Re: trader9 post# 236449

Tuesday, 04/27/2004 7:01:53 PM

Tuesday, April 27, 2004 7:01:53 PM

Post# of 704019
I have said for quite sometime now that the last leg of the bull will be led by the BTK, see #msg-2919505, #msg-2712943, #msg-2646141 and for instance from early March #msg-2503472. In Mid february I penned this #msg-2382664, suggesting that the decline will take the BTK to challenge $500, it bottomed at $501.80, and then make new highs (it just did today). On the SOX I had us going to the $460 area, and we got a little lower, to a close of $459. Not too bad.

We have not changed the upward trend , IMTO, but I love the angst I hear around here, now I am no longer in a china shop full of bulls, and that feels muh better. By the way, I have gone to bed with less than 5% cash, that tells you how bullish I really feel about this market.


AZH

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