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Post# of 704019
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Zeev Hed

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Zeev Hed

Re: melsup post# 90107

Friday, 03/21/2003 5:59:47 PM

Friday, March 21, 2003 5:59:47 PM

Post# of 704019
It is too theoretical, I don't, I presume you use stops and you have a level of "pain" beyond which you won't go. Until I actually see the nature of a retrenchment, I don't have a high degree of probability one way or the other, we are smack into the the January highs here on the Naz, and that would be a place where the market may turn, but with the war going "well" and the apparent paucity in colateral damage, the January high could be taken out inflicting major pain on shorts. Iwas not impressed with the market today, but it can improve its internals in the next week or two.

Zeev

AZH

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