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Re: mike_m post# 87282

Friday, 03/14/2003 5:15:05 PM

Friday, March 14, 2003 5:15:05 PM

Post# of 704019
I don't agree with you, the Dow was hit much more than the Naz, so it is continuing barely with the last two days bounce, the Naz is already in the mode of more declines than advances, more declining volume as well and no expansion of new highs, despite making a marginally higher recovery in the morning. Next week is expiry, so volatility is a given, but don't be surprised if that volatility has a strong downward bias. I still think that we are i a very dangerous market, prone to a sharp decline rather than a sharp advance. Bear suit still fully zipped.

Zeev

AZH

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